Markets US Treasury Secretary Bessent seems to manifest himself as the voice of reason for US President Trump’s chaotic, sometimes illogic, burst of thoughts. In an interview with Fox Business he elaborated on/clarified themes like the ones spelled out by Trump in his WEF-address when he urged OPEC+ to lower oil prices and suggested to […]
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GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the GBP/USD. Watch Read more…
GBP/USD stabilizes near 50-SMA as traders await BoE rate cut. Technical signals cannot guarantee bullish continuation. GBP/USD is facing a pivotal moment near the 1.2500 round level and its 50-day simple moving average (SMA) just Read more…
Market Picture The cryptocurrency market is in no hurry to recover. Trading near $3.3 trillion in capitalisation, the crypto market is consolidating at a lower level. Before that, there was consolidation near $3.5 trillion, and Read more…