Fundamental view: The US dollar initially fell during the course of the week, but then turned around to show signs of strength. Demand for the American currency surged mid-week, amid hopes things will start falling into place this year. Coronavirus immunization through different vaccines lifts odds for an economic comeback in the second semester of [...]
Fundamental view: The EUR/USD pair kick-started 2021 reaching a fresh multi-year high, as optimism continued to undermine the greenback. The dollar got to recover some ground ahead of the weekly close, but retains its intrinsic long-term weakness, as it latest advance seems a mere correction. Coronavirus immunization through different approved vaccines has seen a bumpy [...]
Fundamental view: Bitcoin rallied in the past week. The year 2020 was perhaps the best for Bitcoin ever, not only because of the price action but also for the massive increase in institutional interest. Currently, Bitcoin market capitalization is $382 billion after the digital asset hit $20,700 for the first time ever. During 2020, Bitcoin [...]
Fundamental view: In the last week, The aussie just went with the flow these days, boosted by rallying equities and persistent hopes among speculative interest, which believes that the economic chaos triggered by the coronavirus pandemic is on its final stages. On the other hand, the greenback remained pressured by a combination of factors such as political [...]
