Hawkish sentiment surrounding BOE favors the Sterling. St. Louis Federal Reserve President James Bullard sounded cautious on rate hike after May , weighs on US dollar. Upbeat economic data favors the uptrend of Cable. Cable is trading high with upbeat economic data and hawkish sentiment surrounding BoE favoring the pound. Rate hike expectation from [...]
Fed Officials hesitance in supporting the rate hike weighs on the US dollar. The recent news of Russia responding in writing to US eases the Russia - Ukraine tensions and favors the quote EUR/USD. Traders await for the ECB meeting on Thursday. Euro trades high against the greenback on Tuesday and is trading around [...]
Stimulus and Upbeat Australian data underpins the bullish move of the quote - AUD/USD. RBA hawks favored by upbeat inflation and job report, braces the Aussie. Russia - Ukraine geopolitical tension weighs on market sentiment. Australian dollar is trading high against the American dollar during Monday Asian session snapping the three-day downtrend near a [...]
Fundamental view: Bitcoin seesawed against the US dollar during the trading course of the week. Bitcoin had a quite disappointing year till Jan 25. 2022, However it has 12% partial recovery to $38,100 on Jan. 26. Amidst Hawkish move from Fed weighing on Bitcoin, few other catalysts favors the Bitcoin. The Central bank has left [...]
