Source: Office for National Statistics The trade in goods and services deficit, excluding precious metals, in the UK reached a record 25.2 billion pounds in the first quarter of 2022. The deficit was wider by 14.9 billion pounds. FTSE 100 is down -2.56%, GBPUSD is down -0.34%. The record trade deficit reflected a higher level of imports to the country. In March, imports … [Read more...] about UK Trade Deficit Widens by £14.9B to a Record Level in the First Quarter
My Forex Path Review
My Forex Path is an expert advisor that can work on both MT4 and MT5 platforms and comes with free updates from the developer. The EA is compatible with all brokers and trades each currency pair individually. The sellers claim that the bot has an average win rate of 65-70%, which we will verify in our review along with the other statements regarding … [Read more...] about My Forex Path Review
Crypto Trading Bots Backtesting vs. Forward Testing
Bot trading involves the use of a computer program to specify a set of instructions that will be followed in order to execute a trade. Any automated trading system or technique, no matter how simple or sophisticated must go through a number of tests before it can be put into action on the live market. You need to be sure that your strategy can endure periods of big … [Read more...] about Crypto Trading Bots Backtesting vs. Forward Testing
Goldman Sachs Analysts Believe Yen ‘Ideal’ Hedge Against US Recession
Source: Business Insider The Japanese yen is an “ideal” hedge against the risk of a recession in the United States, given its weak performance against the greenback, according to analysts of Goldman Sachs. EWJ is up 0.24%, while BBJP is up 0.23%. Analysts led by Karen Reichgott Fishman believe that the yen is the cheapest safe-haven asset by far, given its historically … [Read more...] about Goldman Sachs Analysts Believe Yen ‘Ideal’ Hedge Against US Recession
ECB’s Lagarde Hints at Policy Tightening by July
Source: European Central Bank European Central Bank President Christine Lagarde on Wednesday hinted at the scaling back of its bond-buying purchases in the third quarter and tightening of policy soon after. EZU is up 2.02%, while VGK is up 1.53%. Lagarde in a speech at an international conference in Slovenia, said the ECB will end purchases early in the third quarter.The … [Read more...] about ECB’s Lagarde Hints at Policy Tightening by July
