FX MARKET REPORT 17.05.2021

FX MARKET REPORT 17.05.2021

FX MARKET REPORT 17.05.2021

Daily Commentary
FX MARKET REPORT 17.05.2021
/
FX MARKET REPORT 17.05.2021

Last week we saw Cable break above the psychological 1.40 level. Though cause for concern is the recent spread of the Indian strain of the virus. Across the Atlantic and the U.S. macro story remains positive with the economy posting growth, but the recent jobs numbers have highlighted supply constraints in the economy while the rising inflation numbers have surprised the geniuses in officialdom.

Last week we saw Cable break above the psychological 1.40 level. Though cause for concern is the recent spread of the Indian strain of the virus. Across the Atlantic and the U.S. macro story remains positive with the economy posting growth, but the recent jobs numbers have highlighted supply constraints in the economy while the…

Leave a Reply

Your email address will not be published.