The USD is mixed to little changed vs the three major currency pairs – the EURUSD, USDJPY and GBPUSD.
In the video above, I speak to the technicals that are helping to drive the price action for each
All traders should understand the bias, the risk and the targets for trades. I define those levels for each and explain and show why from a technical perspective in the video. Kickstart the North American session by understanding the roadmap.
Meanwhile, UK Prime Minister Andy Burnham’s proposal to cut VAT on household energy bills is already facing scrutiny over how it will be financed. The government had indicated the roughly £850 million annual cost would be covered by cancelling the UK’s Digital ID program, but former Treasury minister Darren Jones argued the project was never funded in the first place, leaving a potential hole in the government’s fiscal plans. The disagreement marks an early political challenge for Burnham just days into office, with investors likely to watch closely for more details in the upcoming budget.