Currency Market Review: Summary: Pound Sterling to Japanese Yen (GBP/JPY) was the biggest gainer this week. The Euro gained on the Australian Dollar this week. The Swiss franc fell against the other major currencies. GBP/JPY Pound Sterling to Japanese Yen (GBP/JPY) was the biggest gainer this week from the I Know First algorithm with a […]
Currency Market Review: Shekel Falls as Norwegian Krone Makes Gains I Know First’s Successful Forecast On January 20, 2019 I Know First’s algorithm issued bearish predictions for a 30-day time horizon for the majority of currency pairs, but also recommended some for bullish behavior. USD/ILS (U.S. Dollar vs. Israeli Shekel) for example was predicted to […]
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 […]
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 […]
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 […]
