Ukraine tensions and FOMC minutes in focus; dollar rises As the United States fears that an invasion may be approaching, tensions over Russian forces stationed near Ukraine are entering what might be a pivotal week. The United States is warning of an imminent invasion, while President Vladimir Putin has accused America of failing to satisfy his demands. Russia has denied it is […]
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Car ownership is seen as less of a privilege and more of a necessity in America. Thanks to decades of building cities to accommodate private vehicles, the only efficient way to travel in most places in this Read more…
Last week was dominated by developments out of the US and UK, not just because of monetary policy decisions, but also the unexpected announcement of a US-UK trade deal. Fed’s hold and BoE’s cut were Read more…
EUR/USD’s corrective fall from 1.1573 short term top resumed last week. Initial bias stays mildly on the downside this week for 55 D EMA (now at 1.1053). But downside should be contained by 38.2% retracement Read more…