Fundamental view: The Euro rose against the greenback this week after a fall of last week. The Consumer Price Index was confirmed at 7% YoY in December, its highest since 1982. The high inflation due to disruptions in supply chain as pandemic blew in the year beginning caused the inflation to rise which in turn [...]
Have you heard from a friend or relatives or office colleagues that they have earned good amount of money in trading stocks then you also take it as good idea to explore. But step back due to the risk associated with it. However diversifying your financial portfolio beyond fixed deposits, gold, and mutual funds is [...]
Upbeat UK manufacturing data which is much higher than expectation favors the British pound. Brexit referendum vote supports the pound to edge higher against the greenback. US dollar is under pressure due to some of the less hawkish by Fed Powell. Sterling traded high against the greenback on Friday after robust UK economic data [...]
Greenback showed a surprise fall despite a four-decade high inflation data. Fed policymakers’ speeches are largely eyed for fresh impulse. Omicron fear amid Experts warning "Dark Days Ahead for Hospitals." weigh on the yellow metal. Gold is flat against the greenback during the Thursday Asian session after refreshing multiday high on Wednesday, The rationale [...]
