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ECB States ”Interest Rates will rise above negative by 3rd Quarter 2022”

Good morning Traders,   So as the heading stats – ECB President Lagarde stated yesterday and again this morning via Bloomberg catchup at Davos, that,” Rates are likely to be positive at the end of Q3.” They are currently at zero level. ECB is the only one left of the G7 (besides Japan, which can’t […]

Forex Analysis Friday 6th May 2022

Good Morning,   Well, the end of another week. A week filled with loads of economic events. We started off the week with the RBA raising their Cash Rate from 0.10% to 0.35%. That was followed the following day by the US FED raising their Federal Funds Rate from 0.50% to 1%. And yesterday, Thursday […]

FX Chart analysis Thursday 5th May 2022

Good Morning Team,   Today belongs to British Pound. We have the BOE (Bank of England) Official Bank Rate being made public from noon BST.  See the economic calendar posted below for more info on today’s economic news events. I have posted both our proprietary expert advisor screenshot called the Matrix. This gives us a […]