Fundamental view: Gold prices rose on Thursday backed by a weaker dollar ahead of a widely expected Brexit trade deal, with uncertainties around a new variant of the coronavirus overshadowing vaccine optimism. A combination of a weaker dollar, negative real rates and low yields along with uncertainties around the new strain of coronavirus is helping [...]
Fundamental view: The Euro went back and forth during the course of the week, as it looks like it is a bit overextended. Furthermore, the United States is very possibly going to have an even bigger stimulus package than previously agreed upon, so that could also lift the Euro. Europe Consumer Confidence on 21st Dec and Europe [...]
Fundamental view: US dollar seemed to be stronger against the yen in the previous week. US dollar is heavily weighed upon by the stimulus situation in America, which seems to be getting more aggressive as Donald Trump is demanding even more stimulus for Americans. US New Home Sales on 23rd Dec and Japan Housing Starts [...]
Fundamental view: Bitcoin fell in the last week initially due to the positive sentiment for the greenback but it made a bounce back at the end of the week. Investors on social media platform declared a "Merry Bitmas. Bitcoin continues to be one of the market's coronavirus winners; with investors optimistic it will continue to [...]
