GBP<\/h2>\n
UK employment figures was a mix today. Unemployment increased slightly but the average earning index has increased adding more pressure on BOE.<\/p>\n
UK wage growth matches record high<\/a><\/p>\n I also spoke about the mortgage rates which have surged to 15-year highs. Also an interesting fact is that Trade body UK Finance estimates 800,000 Britons will need to refinance loans in the second half of this year, and a further 1.6 million in 2024 of a total of nearly 7 million fixed-rate mortgages that are outstanding.<\/p>\n Analysis from the Resolution Foundation, a think tank, suggests that the average homeowner who refinances a home loan in 2024 will have to pay an extra 2,900 pounds ($3,732.88) a year.<\/p>\n Halifax and Nationwide have both reported that house prices have been dropping in the past few months.<\/p>\n UK mortgage rates surge to 15-year high after surpassing ‘mini-budget’ peak<\/a><\/p>\n Bitcoin gets a boost as Standard Charter predicts it to reach $50,000 by end of 2023 and $120,000 in 2024.<\/p>\n Bitcoin to reach $120k<\/a><\/p>\n Hungry exchanges fight for slice of American pie<\/a><\/p>\n In the webinar, I went into more detail on how we can still trade this week despite a busy schedule on Wednesday. I have also shown clues on how we can use the DXY to our advantage as its approaching a key support level. We could use this to find good trade setups on the majors.<\/p>\n Check out our previous two posts below<\/p>\n Managing open trade<\/a><\/p>\n Leaving trades over the weekend is very risky<\/a><\/p>\n You can view the full webinar below.<\/p>\nBITCOIN<\/h3>\n
NEWS<\/h4>\n
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