This is a great article. I have a question on similar lines. Do you see the USD strengthening further against the INR (india) in near future? The current excahnge rate is 1USD = 49 INR. Thanks
Bailey could be ordered to abandon inflation target in radical overhaul of Bank of England
https://t.co/Ey53AUp8l9(yesterday)
1st target for now. we know how this cross likes risk-off https://t.co/B7gNwwnzLT(2 days ago)
Strong US figures w/out a doubt but the 75-bp hike that mkt is telling us for a meeting that's 7 weeks from now has plenty more data ahead (3 days ago)
@dominicaway i just caught the final 4 yrs of that cross. The ease at which traders made money around BoE & BoI meetings was astounding. (3 days ago)
As historic as the BoE's 50-bp rate hike and despite the bank's call for recession, Fitch says another 50-bp is on… https://t.co/BpUGOg4ZjO(3 days ago)
@dominicaway undoubtedly, Europe will suffer more. Still, Long #EURGBP remains the way forward (3 days ago)
@Lucky20seven Ukraine war will come and go and UK will still pay and feel the price of Brexit. the longer it takes… https://t.co/Hzs1IQGUgg(3 days ago)
It's time to revisit the weekly gold chart and its similarity with the horror year of 2013, which included a 25% collapse in the Apr-Jun period. This time last year, I published several videos on why gold's decline to 1690s (in summer 2021) would be reversed, rather than repeat the collapse of summer 2012. The arguments were made here and here . But now that we've held the lows of March and Aug 2021, is the signal flashing an unequivocal green light for the rest of the year? Or, will gold bulls sustain fresh blows as inflation comes back to bite in autumn?
This is a great article. I have a question on similar lines. Do you see the USD strengthening further against the INR (india) in near future? The current excahnge rate is 1USD = 49 INR. Thanks