ECB’s Lagarde down-talked the hawkish tone which was perceived by Market on last Thursday ECB monetary policy pivot. Downbeat German Industrial production also weighed on the Euro. Challenges on the 0.50% Fed rate hike in March and the US- Japan trade deal weighs on the US dollar bulls. Euro seems under pressure against the [...]
Employment data released on Friday which beat the expectation with huge difference favored the US dollar. Brexit issue and the UK politics also weigh on the Cable. Investors now await US inflation data on Thursday. The British pound dropped against the greenback during Monday trading session. The US employment job data released on Friday, [...]
Threat of rising inflation underpins the uptrend of the Crypto market. Robert Kiyosaki, the highly successful author tweets Bitcoin is part of the path to "financial heaven." A bill introduced by A bipartisan group of U.S. House representatives favors the crypto currency. Bitcoin edged higher against the greenback during Friday Asian session. Choppy trading [...]
A report by the ADP Research Institute showing fall in the business payroll weighs on the US dollar. Recent moves of the Fed officials to dilute the rate hike expectation also weighs on the greenback. Market now pay attention to the European Central Bank and Bank of England meetings. Gold trades higher against the [...]
