The EUR/USD seems to be under downward pressure on the US dollar. The spread of the Delta Corona virus variant has worried investors about a global recovery and the dollar was nearing a record high on Monday as it sent money to safety. Daily infections are on the rise from the US and Europe to [...]
Fundamental view: Bitcoin showed a downtrend in this week but in the upcoming week, an uptrend might follow up. Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin (BTC, +0.06%) futures for some clients, according to two people with knowledge of the matter who spoke on condition of anonymity. [...]
Fundamental view: The Yellow metal has fell against greenback in this week. A strong rebound in the US Treasury bond has supported the US dollar. Apart from this, a generally positive tone around the equity markets further acted as a headwind for traditional safe-haven assets. US Powell’s gave his comments during his second day of [...]
Fundamental view: The Aussie has fell against greenback for a third week in a line. Things in Australia have continued to worsen on the COVID-19 front, affecting economic developments which weighed on AUD. The country has extended regional lockdowns imposed in June, as the number of coronavirus cases remains on the rise. Cities which has [...]
