Weekly Currency Review: Turkish Lira Surges

Turkish Lira Rises After Change In The Inflation Forecasts The Central Bank of Turkey modified its inflation forecast for 2019, reducing it from 15.2% to 14.6%. There is a hope to achieve 8.2% target inflation by 2020. Murat Cetinkaya, governor of the Central Bank, vowed to keep tight monetary policy stance until there is a […]

Weekly Currency Review: Pound Sterling Still Up

Avoid No-Deal Brexit Rises Pound Sterling  The Pound Sterling rises over the past 2 weeks. The hope to avoid the no-deal Brexit is keeping the investors not to sell. The confirmation of the deal may enhance the Sterling situation, otherwise the economy can be significantly effected in the short and long term. I Know First successfully […]

Weekly Currency Review: British Pound Surges

Pound Sterling Soares after DUP Softens towards Brexit Deal Pound Sterling soared on news that Northern Ireland’s DUP does not resist as much as before to Prime Minister Theresa May’s Brexit deal. GBP/EUR hit 1.16 after that, showing a slight recovery in its value. GBP/USD soared to 1.31 and is trading now at 1.3170. The […]

Weekly Currency Review: Theresa May’s Deal Rejected

Pound surges after lawmakers rejected Prime Minister Theresa May’s divorce deal Pound surges after lawmakers rejected Prime Minister Theresa May’s divorce deal with the European Union. Market uncertainness about the deal led GBP to fall to 1.267. After Theresa May’s deal was overwhelmingly rejected, Pound surged to 1.288 and continued to rise on this mood […]

Weekly Currency Review: Bitcoin Swings

Long BTC/EUR and Short USD/BTC I Know First has successfully predicted Bitcoin price fluctuation for 3 days from 6 January to 9 January 2019, with a gain of 3.09% for long BTC/EUR and 4.37% for short USD/BTC before the major sell-off of Bitcoin, when bitcoin suddenly fell at around 6.00 UTC. This caused spread losses […]