Who knows is the honest answer! War in Ukraine has dominated markets since the 24 February and unfortunately war, especially this one, can prove unpredictable. Obviously, currency markets have played to the euro area’s greater geographic and economic linkages to Russia and the Ukraine. But the United Kingdom, despite Brexit, is still geographically and economically […]
The post Has War in the Ukraine Crash Landed EUR/GBP? appeared first on Action Forex.
Daily Pivots: (S1) 1.1590; (P) 1.1628; (R1) 1.1650; More…. Intraday bias in EUR/USD remains neutral first, but focus is back on 1.1506 temporary low with today’s decline. Firm break there will resume the fall from Read more…
Dollar advanced broadly today as risk aversion swept through global markets. Asian equities declined while investors moved back toward safe-haven assets amid growing doubts about the narrative that the Iran war is nearing an end. Read more…
Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…