Fundamental view: The British pound seesawed against the US dollar during the trading course of the week. The Fed Hawkishness and the Omicron woes were the major catalysts behind the movement. Central bank had released the Minutes of its December meeting, that showed policymakers began discussing the reduction of their bonds holding in the upcoming [...]
Fundamental view: The Euro lost traction against the greenback during the trading course of the week but erased some of it losses in the last day and ended with a slight bearish candle. The year 2022 started with a biggest shock from the Fed. Central bank had released the Minutes of its December meeting, that [...]
Cardano (ADA) is a public open-source and decentralised blockchain with a proof of stake consensus (PoS) system. It was developed by Charles Hoskinson who is the co-founder of Ethereum, as a blockchain with an edge over Ethereum’s proof of work (PoW) system. What is Cardano? Hoskinson launched Cardano as a public, open-source, decentralised blockchain with [...]
The Kiwi pair struggles on Friday ahead of US NFP data. US dollar is strongly favored by the Fed policymakers comments and the FOMC minutes. Virus woes in New Zealand and Australia weighs on the consumer sentiment and exerts downward pressure on the NZD/USD pair. The Kiwi pair is under pressure on Friday. The [...]
