The Australian dollars rose against the greenback on Tuesday, clawing back the previous day's losses as markets bet on a quick economic recovery in 2021 once corona virus vaccinations are widely distributed. Early Tuesday in Asia, Sydney Morning Herald (SMH) quoted Australian Prime Minister Scott Morrison who spoke to a local radio station during late [...]
EUR/USD is charting gains with the US dollar on the offer despite corona virus concerns and weak China data. Fears over the new strain of the corona virus are forcing major nations to take stricter steps. The US corona virus outbreak will likely get worse in coming weeks, Dr. Anthony Fauci, director of the National [...]
Fundamental view: The Australian dollar has shown itself to be rather resilient and strong during the course of the week, after initially pulling back. It seems that US dollar is probably in serious trouble longer term. There seems less stimulus in the market. As long as that is going to be the case in the United States, [...]
Fundamental view: The cryptocurrency market celebrates the New Year with new highs. Bitcoins jumped above $29,000 and set a new all-time high at $29,321 during the last week. Since that time, the pioneer digital asset has retreated to $28,800, though it is still 3.5% higher on a day-to-day basis. On a weekly basis, BTC gained [...]
