Fundamental view: The US dollar rallied against the Japanese yen during the trading course of the week. Headlines of Russia - Ukraine crisis dominated the financial markets, however it did not show any peace talks progress. US Federal Reserve monetary policy decision also acted as a major catalyst in driving the market which helped the [...]
Fundamental view: Cable managed to portray a uptrend after 3 weeks of downtrend, despite a cautious Bank of England (BOE) rate hike. Ukraine crisis dominated the financial markets, but it did not show any peace talks progress. However, during the first half, Optimism over a probable truce between the two gave sigh of relief to risk-sensitive currencies [...]
Fundamental view: Euro managed to erase some of its previous week’s losses and ended trading around 1.1370 level. Headlines of Russia - Ukraine crisis dominated the financial markets, but it did not show any peace talks progress. However, during the first half, Optimism over a probable truce between the two gave sigh of relief to [...]
Russia remarked peace-talks progress ‘wrong’ leads to fear of ceasefire delay. Gold prices have fallen as Fed has raise interest rates by a quarter percentage point. Investors will focus on Ukraine crisis headlines to direct their move further. Gold trades low against the US dollar and is trading around $1930 level on Friday Asian [...]
