Today's All Things Forex Broadcast: What's behind the Renewed GBP Strength vs. USD?
Seeking Alpha Analyst Since 2009
Ilian Yotov is a longtime FX Strategist, known among industry peers as the creator of The Quarters Theory, a revolutionary methodology applied to the price behavior of currency exchange rates. His FX market analysis, outlook and forecasts are sought by popular financial publications worldwide and he is a regular guest speaker at industry events. For over 15 years, Ilian has also been committed to the education of retail FX traders, and has been recognized as one of the leading Forex educators in the world, helping thousands of currency traders worldwide. Ilian Yotov is the Chief FX Strategist at Allthingsforex.com where he brings a combination of in-depth knowledge and expertise with innovative strategies and trading techniques. He is responsible for driving the company’s research initiatives and for turning them into actionable trade ideas and trading strategies. Ilian Yotov is author of the book "The Quarters Theory: The Revolutionary New Foreign Currencies Trading Method", published by John Wiley and Sons, Inc.
In the broadcast today: What's behind the Renewed GBP Strength vs. USD? As the pound sterling flexes its muscles in the trading session today, we explore the factors behind the renewed strengthening of the GBP against the USD and the EUR , we analyze the latest trend developments with the GBP/USD and EUR/GBP currency pairs, we note the weakening of the EUR as the EUR/USD pair approaches an important support level, we take a close look at the USD/JPY pair and ponder the prospects for another G7 intervention should the JPY continue to gain against the USD and other currency majors, we highlight the market's reaction to the Chinese Consumer Price Index, the U.K. Trade Balance, and the Bank of England Inflation Report, we discuss new forecasts from JPMorgan Chase, Bank of New York-Mellon and Bank of America, and prepare for the trading session ahead.
Live Broadcast from 1:00 pm to 2:00 pm, Eastern Time (18:00 - 19:00 GMT), Monday - Friday.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.