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Gains in anticipation

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Miguel A. Rodriguez
Miguel A. Rodriguez
04 August 2021
Pound comes out from lockdown.
  • #Oil prices rose on expectations of a further decline in U.S. oil inventories, recouping some losses from the previous session due to lingering concern over rising cases of the Delta #coronavirus variant.
  • Sterling rose in early London trading, helped by recent falls in COVID-19 infections in Britain and optimism around Britain's easing of lockdown restrictions.
  • Incoming SEC Chairman Gary Gensler issued new comments about #Bitcoin, at times drawing a dividing line between the market’s largest #cryptocurrency and imitators.

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Miguel A. Rodriguez
Miguel A. Rodriguez
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Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.