China’s CPI has landed at 1.5%, against the expectation of 0.1% and previous readout of 0.9%. The Fed’s hawkish outlook and the dovish RBA has underpinned the bearish trend for AUD/USD. Ukraine woes weigh on the market sentiment. The Australian dollar lost its ground against the American dollar during Monday trading session despite as [...]
Fundamental view: Bitcoin had a bad week against the US dollar. The hawkish stance by the Fed Policymakers favored the US dollar. The Fed unveiled the monetary policy this week. FOMC Minutes were far more aggressive than anticipated. US policymakers “generally agreed” on reducing the balance sheet by $95 billion a month, which will likely [...]
Fundamental view: The yellow metal traded up against the US dollar during the trading course of the week. Despite the dollar strength, gold managed to hold its ground on safe haven flows in the risk averse market sentiment. The Fed unveiled the monetary policy this week. FOMC Minutes were far more aggressive than anticipated. US [...]
Fundamental view: The Australian dollar made modest losses against its American dollar rival. The hawkish fed amidst the risk averse market sentiment due to the Ukraine uncertainty favored the US dollar. Whereas hawkish stance by the RBA favored the Aussie. The Fed unveiled the monetary policy this week. Minutes from last month’s Federal Open Market [...]
