انسٹا فاریکس ٹیم میں لیجنڈ!
لیجنڈ!آپ کو لگتا ہے کہ یہ حیرت انگیز بیانات ہے؟ لیکن ہمیں ایسے شخص کو کیا کہنا چاہئے ، جو 18 سال میں جونیئر ورلڈ شطرنج چیمپئن شپ جیتنے والا پہلا ایشین بن گیا تھا اور 19 میں پہلا ہندوستانی گرینڈ ماسٹر بنا؟ ورلڈ چیمپیئن ٹائٹل کے لئے یہ مشکل آغاز تھا جو وشونااتھ آنند کے لئے تھا ، وہ شخص جو ہمیشہ کے لئے شطرنج کی تاریخ کا حصہ بن گیا تھا۔ انسٹا فاریکس ٹیم میں اب ایک اور لیجنڈ!
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Although both the UK and the Eurozone inflation data were released yesterday, none of that mattered as the Bank of England openly announced earlier this week that it would continue to tighten monetary policy, while the acceleration of inflation in the euro area from 9.1% to 9.9% is no different from the preliminary estimate, meaning it does not affect the mood of market participants in any way.
Inflation (UK):
What's more, the political crisis that is unfolding in the UK is in the spotlight as despite a change in the finance minister and the abandonment of the proposed tax cut plan, more and more officials are demanding the resignation of the prime minister. Liz Truss was even forced to speak in the House of Commons to defend and justify her actions as head of government. This is clearly a full-fledged political crisis developing in the context of a growing economic crisis, which obviously does not give a pound of optimism.
In the US, unemployment claims are due out today, but they are unlikely to make a difference. The number of initial appeals should increase by only 2,000, while repeated appeals may increase by the same amount. This means that market players have no choice but to rely on the events in the UK when deciding when and at which level to trade.
So far, the current environment hints that there is no way that pound will show noticeable growth, so traders should expect further weakening. Euro is also likely to show this scenario.
EUR/USD is currently in the stage of a rebound from 0.9850, so short positions jumped on the market. This returned the quote below 0.9800. If such a pace is maintained, euro may fall to 0.9700. But despite the existing fluctuations, the pair is still in an upward cycle. A return to 0.9850 may bring back long positions.
As for GBP/USD, it bounced back from the resistance area of 1.1410/1.1525 and returned to 1.1200. The quote will continue to decrease if pound stays below 1.1150.
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
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