Fundamental view: Australian dollar fell against the US dollar in this week. The Reserve Bank of Australia published the Minutes of its latest meeting, which portrayed that policymakers are compromised to maintain supportive monetary conditions, and repeated rates will remain at record lows until employment and inflation make a reach of the desired levels. Australian [...]
Fundamental view: The US dollar initially fell during the course of the week against the Japanese yen but then turned around to show signs of strength again. Covid cases are edging higher in Japan, including in Tokyo, where the delayed Olympic Games have begun. Reports about athletes and other officials testing positive are also coming [...]
Fundamental view: Pound showed a downward movement against the dollar in this week. All the brits are demanding for the quarantine due to rapid spread of delta virus elsewhere The UK is not only get in suffering from the rapid spread of the Delta variant, and broader markets have come to terms with the strain's [...]
Fundamental view: The Euro has fallen against greenback again during the course of the week. European Central Bank President Christine Lagarde and her colleagues are behind the euro's weakness. In the ECB's first post-strategic review decision, the Frankfurt-based institution enhanced its commitment to keeping lower rates for longer. The ECB made its forecasts point to [...]
