The GBP staggered low against the dollar on Wednesday after disappointing the Covid cases increases in Britain which raised doubts about the strength of the economic recovery, while the dollar awaited the Federal Reserve's minutes from its last policy meeting. Yields have plummeted in recent weeks as many speculators bet that rising inflation could trigger [...]
Aussie seems to pick up bid after the RBA interest rate decision and enjoying its bullish moment. Australia’s cash rate has been left on hold at the record low level of 0.10 per cent. The Reserve Bank of Australia met on Tuesday and decided to suspend official interest rates for eight consecutive months. The central [...]
The appreciative move in the Europe made the EUR/USD bullish on Today market session. The pair recovered from the low which is made on Friday post-Nonfarm Payroll (NFP) data. The US Dollar Index (DXY) follows the treasury yields and retreats from the monthly high. Mixed US economic data dropped the green back. NFP data came [...]
Fundamental view: Bitcoin price had a mixed trend against the dollar this week, but however it somewhat managed to set up a higher high, which signaled a bullish development. But the later half of the week has been unfavorable for BTC as BTC continues to decline in search of a foothold. The world’s biggest interdealer [...]
