The crypto space continue to be see strange news with the wilder speculations having Donald Trump turning bitcoin into a US strategic reserve. It is worth noting that many of the top crypto execs are vocal Trump supporters though it is highly unlikely that even Donald Trump could get the Fed bureaucracy behind such a…
Today’s European Central Bank (ECB) meeting, scheduled at 0815GMT, is anticipated to maintain interest rates unchanged following the rate cut in June. As markets brace for the decision, the focus shifts to future policy signals amidst divergent views within the Governing Council. Policy Expectations and Market Dynamics Market consensus strongly anticipates the ECB to hold…
Prospects for the British Pound remains heavily weighed by the thought of a dovish Bank of England with an upcoming policy meeting on Thursday 11am GMT. Until then we have very little market moving economic data and as such expect limited ranges though keeping a bearish bias. Resistance Support The combination of long wicks, a…