Is NVIDIA the next Cisco? What will the week bring?
Cisco, one of the largest IT companies in the world, was the star of the American trading floor for over two decades. After the dot-com bubble burst, Cisco shares lost over 80% of their value and [...]
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August 4 2023
The Bank of England has not said the last word
The Bank of England raised interest rates for the 14th time. This time the move was smaller than the previous one and amounted to 25 basis points. It can be said that part of the market was disappointed with the smaller step than before. The pound lost [...]
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July 20 2023
Are inflation fears easing? Dovish turn in monetary policy in the UK
The EUR/USD rate fell below 1,12 and then rose again and is currently drifting above this level. Volatility is limited except for the pound, which has lost heavily due to an inflation surprise. Today the macro calendar includes [...]
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July 19 2023
Sterling fell significantly against the dollar, euro and yen
The FX market is waiting for next week's meetings of the Fed and the ECB. We have a "blackout" period, which means that we will not receive any new guidance from decision makers in the coming days. Yesterday's retail sales reading [...]