Fundamental view: The US dollar has fallen a bit during the course of the trading week. The USD/JPY is lower on the week, stocks had a fall on Thursday and Treasury yields have been sliding since the Fed meeting on June 16. The expectations for a powerful US rebound have been so overstated that a [...]
Fundamental view: Pound went back and forth against dollar in this week. Prime Minister Boris Johnson made an announcement that the UK would fully reopen on July 19, scrapping hundreds of COVID-19 restrictions. This set of rules and prospects of a return to normal temporarily boosted the pound. Whereas The US Center for Disease Control [...]
Fundamental view: Euro initially fell against greenback but overcame losses and closed the week with a bull candle. The American currency was bid through the first half of the week with the anticipation of the FOMC Meeting Minutes. The US central bank surprised market participants in its June meeting by forwarding changes of rate hikes [...]
Have you ever known a crisis with some of your currency? One day you will not have enough money. Maybe someone stole your money. It was however a small-scale based unfortunate personal currency crisis. Of course, real currency crises can occur nationally, and they can be very bad. Currency crisis are associated with severe falls [...]
