While EUR/USD has risen by over 5% so far this year, the exchange rate is still undervalued according to an analyst at Goldman Sachs. Analysts at Goldman Sachs believe EUR/USD is in a good position to benefit from a continued sell-off in the greenback. The dollar index, which tracks the greenback's value against majors, has [...]
Bitcoin’s price is still whipsawing between $10,420 and $9950, as of today. It appears a vast majority of this new investment is pouring into Ethereum, which is enjoying a 7% daily price gain right now and is the best performing crypto-asset in the top 10 cryptos by market cap. As per the market data, there’s [...]
Confidence in Uk housing has increased. Stamp duty cuts, coupled with increased demand for homes with gardens since the pandemic, has driven confidence in the housing market to a four-year high, according to surveyors and estate agents. A net balance of 44% of members of the Royal Institute of Chartered Surveyors (Rics) reported an increase [...]
The dollar was up on Wednesday morning in Asia after U.S. markets saw a second rout in tech stocks in less than a week, giving the dollar a boost. “U.S. equity futures will likely be a guide to currencies today. The more equity futures fall, the larger the strength in the dollar and the yen,” [...]
