Start of the season of corporate reporting in the USA

13.07.2021
Corporate reporting season will start in the United States today. Banks will be the first who will publish their financial results for the second quarter. Inasmuch as the Federal Reserve last month lifted the restrictions...
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Two reasons to buy the pound

13.07.2021
We open Buy positions for two reasons. Firstly, today the US Treasury will redeem $25 billion of Treasury bonds, which will have a short-term negative influence on the value of the American currency. The Ministry...
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Correlation with the US stock market

12.07.2021
An uptrend in the US stock market will have a beneficial influence on the value of this currency pair, inasmuch as it is historically correlated with the S&P500 index. The broad market index last Friday...
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Dollar Libor rates are at historical minimums

12.07.2021
A decline in quotes to the nearest support levels should be used to open Buy positions. On the interbank lending market in London, the benchmark three-month dollar rate of Libor last week renewed its historical...
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American banks still have a surplus of liquidity

09.07.2021
I expect a continuation of the uptrend in the American stock market, which will support this currency pair, inasmuch as assets are correlated with each other. American banks still have a substantial surplus of liquidity...
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