Correlation between pound and oil

02.04.2021
The OPEC+ countries completed their regular meeting yesterday, where they decided to steadily increase oil production, starting from May 1. Cartel members and non-member states agreed to increase oil production in May by 350.000 barrels...
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We are waiting for positive data on the US labor market

02.04.2021
Today the United States will be able to delight investors with positive macroeconomic statistics. The ISM Industrial Employment Index, which was published on the eve, signals an increase in manufacturing jobs. The employment indicator has...
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Reflation in the USA

01.04.2021
An uptrend in the US stock market will have a positive influence on the value of this currency pair, inasmuch as assets are historically correlated with each other. Vaccination of the population from COVID-19 in...
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Britain brings surprises

01.04.2021
Britain has delighted investors with positive statistics on GDP for 4 quarters of 2020 year. The indicator came out better than the consensus forecast. Moreover, the indicator for 3rd quarter was revised upwards by 16.9%,...
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VIX “fear” index fell to annual minimum

31.03.2021
This currency pair has renewed its annual maximum this morning, and I expect the continuation of the uptrend in the near future. The Conference Board's US Consumer Confidence Indicator, which is based on a survey...
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