Will the commodity market provide good support to the pound?

02.11.2021
The UK Manufacturing PMI report was not positive, inasmuch as rate dipped below its average over the past year. Moreover, the business activity index for two months in a row is below the annual average,...
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Two reasons for buying

01.11.2021
A correction to the nearest support level should be used to open Buy positions for two reasons. Firstly, the US Treasury today and tomorrow will conduct large-scale placement of Treasury bonds, which will reduce the...
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New auctions of the US Treasury are positive for the dollar

01.11.2021
The first half of the week may be positive for the dollar, inasmuch as the US Treasury increases the volume of placement of Treasury bonds, thereby reducing the liquidity of the financial system. Today the...
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Euro/dollar rose sharply

29.10.2021
The main currency pair "remains strong" by the end of the week. The current quote in EURUSD is 1.1670. On the eve, there was something to pay attention to. The European Central Bank held a...
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Yen “goes on the offensive”

29.10.2021
The Japanese yen is strengthening against the US dollar on Thursday. The current quote in USDJPY is 113.58. On the one hand, the market may need "safe" assets during downturns, and the yen is good...
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