British pound fell against the greenback during the Tuesday Asian session. The dampened market sentiment may be the reason behind the fall. First death linked to the omicron variant in the UK is the catalysts which dampened the market mood amid its fast global spread. As a response to increasing COVID-19 cases in the country, [...]
Euro is trading downside against the US dollar at the start of the week. The main driver of the EUR/USD pair may be the indecision over the next moves of the European Central Bank (ECB) and the US Federal Reserve (Fed). While the Market News Internation (MNI) cited sources to confirm further easy money policies [...]
Bitcoin trades downside against the greenback during Friday Asian session. The warning from the Financial adviser seems to pressure the Bitcoin. The president of Payne Capital Management, Ryan Payne has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that [...]
Aussie trades upside against the greenback in the Thursday Asian session. This move can be related to the strong prints of the Consumer Price Index (CPI) and Producer Price Index (PPI) from Australia’s largest customer, China. China’s headline CPI jumped the most since August 2020, by 2.3% YoY and 0.4% MoM in November. The factory-gate [...]
