With news filtering through of a full scale invasion by Russia into Ukraine this morning, markets have taken a tumble with both GBP & EUR falling off against The USD. GBP/USD is now below the 1.35 area with EUR/USD currently in the mid 1.12 range with both currency pairs having dropped 1 cent against The USD since markets opened.
Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…
Cryptocurrency is the newest form of money which works digitally or virtually. Considering the great success of cryptocurrencies, many want to invest in this field but are still skeptical due to lack of proper knowledge. Cryptocurrency tutorials for beginners are available both online and offline.
One of the most famous cryptocurrencies being invested in, Bitcoin was launched in 2009 and has been a market leader. It is considered a volatile cryptocurrency and is suggested to be invested smartly with keeping the risks in mind. Have enough knowledge of what asset you are investing in and have crypto investment knowledge.
The Main Data out today is for the Euro area, the forecasted figures for January would suggest that both Inflation and core Inflation is coming down; Inflation has been on an upward trajectory throughout the Pandemic; rising from 4.1% in Oct, 4.9% in Nov to 5.0% in December.
By now everyone knows what is GST. GST was introduced to make India one nation, one market and one tax. So these are the three major objectives that have been achieved by introducing this tax reform.
Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week.
As an experienced trader, there are many strategies you can employ to inform your trading decisions, which can include fundamental and technical analysis.
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