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We see that the upward momentum in Sterling assets continues today, with some of the most prominent voices in the decisions of the Central Bank of England's Monetary Policy Committee and the triumph of the Brexit bill voted in parliament by British Prime Minister Theresa may. However, despite the positive developments about Brexit in recent days, it is still worth noting that the uncertainties of Brexit continue in the country. For this reason, it is important to keep an eye out for possible exp…
kahinistanbul's Blog
EURusd overview
Recently, the Dove toned remarks from European Central bank officials put pressure on euro assets, while finally the President of the Federal Reserve and ECB Member Jens Weidmann said they would continue to remain expansionary in monetary policy even after net asset purchases have ended. Weidmann also argued that there are some difficulties in achieving inflation but that they will eventually reach the target level. On the other hand, reports from countries with troubled economies such as Italy …
EURUSD parity overview
EURUSD continues to test 1.2070 resistance. Yesterday, the rise in unemployment rates in the United States was influential in the weakening of the dollar. In the US, however, employment data will be announced today and the euro zone will be followed by the leading inflation data. Technically, 1.2070 corresponds to a critical resistance.