Fundamental view: Australian dollar managed to show a uptrend against the American dollar during the trading course of the week recovering from its previous week loss. The commodity linked currency found support this week with the sentiment seesawing alongside headlines coming from Europe. This week came to end without any progress in the peace talks [...]
Fundamental view: The US dollar rallied against the Japanese yen during the trading course of the week. Headlines of Russia - Ukraine crisis dominated the financial markets, however it did not show any peace talks progress. US Federal Reserve monetary policy decision also acted as a major catalyst in driving the market which helped the [...]
Fundamental view: Cable managed to portray a uptrend after 3 weeks of downtrend, despite a cautious Bank of England (BOE) rate hike. Ukraine crisis dominated the financial markets, but it did not show any peace talks progress. However, during the first half, Optimism over a probable truce between the two gave sigh of relief to risk-sensitive currencies [...]
Fundamental view: Euro managed to erase some of its previous week’s losses and ended trading around 1.1370 level. Headlines of Russia - Ukraine crisis dominated the financial markets, but it did not show any peace talks progress. However, during the first half, Optimism over a probable truce between the two gave sigh of relief to [...]
