Post by account_disabled on Mar 10, 2024 6:34:18 GMT -4
The pound is saving the euro BoE optimism has allowed GBP/USD to stay above the psychological level of 1.3 With each passing month, the British travel circus becomes more travel and less circus. A stronger reaction from the pound, and political rumors have made the macroeconomic statistics start to stop and cause laughter, and investors deal with the sterling, which goes back and forth for no reason. Really, shouldn't we jump the gun when depending on the future of the negotiations between London and Brussels, the GBP/USD pair can oscillate at 1.35 or fall to 1.2? Wouldn't it be better to wait for results of those negotiations? Well, a girl once waited for a prince and then came retirement. LiteFinance: The pound is saving the euro | Litefinance The pound tried to escape the monthly area of 2.5 against the US dollar due to rumors about Teresa May signing an agreement for access of British companies to the EU financial market based on equivalent principles.
This means that the British will be guaranteed the same rights as the American and the Japanese. Someone in the Conservative Party would like close cooperation; Someone, on the contrary, would think that without Bahamas Mobile Number List equivalence, London would achieve the status of world financial capital much faster. However, when there is no choice, the process goes much faster: - I'll get married tomorrow! - For love? - The father said: Forever! LiteFinance: The pound is saving the euro | Litefinance Mark Carney threw some fuel on the sterling buying fire by talking about the need for a faster normalization of monetary policy than the market currently expects in the event of an agreement between London and Brussels. Without an agreement, he will force the central bank to give everything to save a drowned economy.
The optimism associated with BoE policy and rhetoric has inflated the value of GBP/USD at a rate not seen since April 2017. But let's not forget that optimism is just a lack of information. And it's bad when everyone is happy. You want to please people, but they are already happy... Just sell, the positive fact is precious in the value of the pound. Now it is the turn of the US dollar. The success of the sterling brought the euro back to life. The single European currency has had many factors: trading war, the political crisis in Italy, Brexit, and the closing of positions against the background of a potential recession in the US economy... It seems that someone knows how to drive. And the more friends you have a driver's license, the more carefully you have to cross the street. The problem is that no one can enter the Forex paradise at the expense of another. Hope for the best, but prepare for the worst. And let's be frank, the euro is not doing well.
This means that the British will be guaranteed the same rights as the American and the Japanese. Someone in the Conservative Party would like close cooperation; Someone, on the contrary, would think that without Bahamas Mobile Number List equivalence, London would achieve the status of world financial capital much faster. However, when there is no choice, the process goes much faster: - I'll get married tomorrow! - For love? - The father said: Forever! LiteFinance: The pound is saving the euro | Litefinance Mark Carney threw some fuel on the sterling buying fire by talking about the need for a faster normalization of monetary policy than the market currently expects in the event of an agreement between London and Brussels. Without an agreement, he will force the central bank to give everything to save a drowned economy.
The optimism associated with BoE policy and rhetoric has inflated the value of GBP/USD at a rate not seen since April 2017. But let's not forget that optimism is just a lack of information. And it's bad when everyone is happy. You want to please people, but they are already happy... Just sell, the positive fact is precious in the value of the pound. Now it is the turn of the US dollar. The success of the sterling brought the euro back to life. The single European currency has had many factors: trading war, the political crisis in Italy, Brexit, and the closing of positions against the background of a potential recession in the US economy... It seems that someone knows how to drive. And the more friends you have a driver's license, the more carefully you have to cross the street. The problem is that no one can enter the Forex paradise at the expense of another. Hope for the best, but prepare for the worst. And let's be frank, the euro is not doing well.