UK pound faces headwinds ahead of November Budget

Brent ↑ 6% year-to-date Headed for biggest monthly ↓ in 2024 OPEC+ decision, EIA data & NFP in focus Over past year NFP triggered moves of 1% ↑ or ↓ Technical levels – $84.50 & $81.00 Key central bank decisions and top-tier economic data could rock markets in the week ahead: Sunday, 2nd June OIL:…

The US dollar has recovered a bit further as gold and silver have plunged, and we think there is enough stability to let data do the talking in FX this week. The US calendar should culminate in decent payrolls/unemployment, opening the door to some more dollar upside. Elsewhere, the ECB may not discuss the euro…

The USD/JPY chart shows a bullish trend at the start of March, influenced by the escalation of military activity in the Middle East. On one hand, the US dollar is strengthening due to increased demand for safe-haven assets. On the other, the Japanese economy is under pressure because of its heavy reliance on oil imports…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! Dax technical analysis and short term forecast is here. The way I would like to analyze the chart for setups is based on multi-timeframe confirmations because in my POV if we get more…

Starmer says UK ‘will not be drawn into wider war’ as he opens No 10 press conference Keir Starmer is speaking at his press conference. The war is entering its third week, he says. He says he has been clear in his objectives. double quotation markFirst, we will protect our people in the region. Second,…