Fundamental view: Pound closed the week with a bullish candle but did not make out much with the Dollar sell-off. As far the employment report is considered, US Nonfarm Payrolls figures fell well short of already-lowered projections, coming out at only 235,000 positions gained in August. On the other side for pond, Brexit-related shortages on [...]
Fundamental view: Euro rallied against the greenback in the past week. This is mostly due to the dovish comments from US Federal Reserve Chair Jerome Powell and tepid local employment-related data, all of which points to a delay in tapering. Hawkish which came from different fed officials led to the speculation the US central bank [...]
The currency of New Zealand is called the New Zealand dollar, sometimes referred to as the "kiwi". Kiwi is usually connected with New Zealand, and the $1 coin has a kiwi on it. It is the official currency of New Zealand. The coin was minted in 1967 and divided into 100 parts or cents. Prior [...]
Yellow metal reached small gains due to weaker dollar meanwhile investors are waiting for U.S. Jobs data to gauge the Federal Reserve’s plans to start tapering asset purchases. The US economy is seen adding 750K jobs in August vs. a 943K addition seen previously. An astounding bull run in local equity markets amid the Covid-19 [...]
