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  • USDJPY recovery gains pace but strong obstacles lay ahead
  • Aussie likely to remain in red as banking crisis weighs on risk sentiment
  • Near-term action remains directionless but bullishly aligned above key supports at 1.2200 zone
  • Dollar keeps firm tone on persisting banking fears
  • Oil prices fall on renewed fears of deepening crisis in banking sector
  • Gold tests $2000 barrier again but continues to face strong headwinds here
  • Yen advances further on increased safe-haven demand
  • Euro loses ground as banking stocks collapse
  • Cable loses traction after upside rejection, little help from upbeat UK retail sales
  • Bank of England raises interest rates by 25 basis points on higher inflation / bank worries

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UK Composite PMI

Economy

Performance of Britain’s services sector in January was the weakest in two years – PMI

Slobodan Drvenica Feb 3, 2023
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Technical Outlook

Activity in UK manufacturing sector slows sharply in August, adding to recession fears

Slobodan Drvenica Aug 23, 2022
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Economy

UK businesses slow further in May as surging inflation bites – PMI

Slobodan Drvenica Jun 7, 2022
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Economy

Weak Britain’s PMI figures signal a sharp slowdown in activity and warn of recession

Slobodan Drvenica May 24, 2022
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Economy

British pound slumps as weak UK economic data send strong warning

Slobodan Drvenica Apr 22, 2022
Read More...
Economy

Mild recovery in December and new lockdown warn that Britain’s economy heads towards recession

Slobodan Drvenica Jan 6, 2021
Read More...
Breaking News
11h

CRUDEOIL tests resistance at 69.40. If it breaks, next resistance level at 71.05. #forex #CRUDEOIL #PRICEMOVES #INVESTNFOREX ##technicalanalasis # WINDSORBROKERS

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11h

GOLD prints fresh session low at 1945. #forex #GOLD #PRICEMOVES #INVESTNFOREX ##technicalanalasis # WINDSORBROKERS

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15h

USDCAD tests support at 1.3721. If it breaks, next support level at 1.3703. #forex #usdcad #pricemoves #news #forexmarket #tehnicalanalsis #windsorbrokers

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15h

ger30 prints fresh session low at 15036. #forex #ger30 #index #pricemoves #news #forexmarket #technicalanalsis #windsorbrokers

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15h

EURUSD trades sideways between 1.0789 & 1.0740. #forex #eurusd #pricemoves #news #forexmarket #technicalanalsis #windsorbrokers

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Lastest Posts
  • USDJPY recovery gains pace but strong obstacles lay ahead
  • Aussie likely to remain in red as banking crisis weighs on risk sentiment
  • Near-term action remains directionless but bullishly aligned above key supports at 1.2200 zone
  • Dollar keeps firm tone on persisting banking fears
  • Oil prices fall on renewed fears of deepening crisis in banking sector

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