Fundamental view: The EUR/USD pair reached 1.1949 this week, a fresh 2-month high, retaining most of its gains heading into the weekend. The dollar did not earn speculative interest. It was an intense week, even though the FX price action didn’t reflect it. Among other things, US President Donald Trump has agreed to begin a [...]
Fundamental view: The US dollar has rallied a bit during the week to reach towards the ¥105 level. However, the market has pulled back significantly from there, which shows a strong downtrend. The waning psychological impact of the pandemic is evident in the frequent market responses to US economic data and positive COVID-19 news. However, the barrier to a [...]
Fundamental view: Bitcoin fell in the last week but will show a positive trend in the coming week. Bitcoin seems to be getting a lot more attention from institutional investors than the retail sector. The quantitative easing policies being implemented worldwide to contain the impact of the pandemic could be one of the main reasons [...]
Great Britain Pound commonly referred to as the pound, but some people still refer to it as sterling. But regardless of what it may be called, the British pound sterling remains to be one of the strongest currencies throughout the world. It comes as a surprise to some especially those outside of Britain and those [...]
