FUD is Fear, Uncertainty, and Doubt (often spread on social media or mass media). FUD can make the price of a coin to fall without fundamentals and technical, rather on bad news that are spread on social media platforms. In many instances, the bad news isn’t substantiated or grounded in reality and finally it turns [...]
As widely expected, the BOJ left unchanged a -0.1% target for short-term interest rates and pledged to guide long-term rates around 0%. Japan braces for tougher covid-linked restrictions due to wide spread of the Omicron variant. US dollar is high as traders braced for the possibility of a hawkish surprise from the Federal Reserve. [...]
China Q4 2021 GDP, Industrial Production showed a rise against the previous reading and the market consesus But the Retail sector had a fall in the December month. Expectation of rate cut and the drop of China's birth rate creates a long term concern for China which in turn impacts Aussie. Fed Rate Concerns and [...]
Fundamental view: Bitcoin edged higher against the US dollar during the trading course of the week. The rationale behind the move can be related to the fall of the dollar due to the Labor Statistics showing that the Consumer Price Index (CPI) rose to 7% on a yearly basis in December on Wednesday. Moreover, the country released [...]
