Fundamental view: Euro plummeted against the greenback during this week due to the risk sentiment amidst Ukraine crisis. Concerns over Russia – Ukraine tussle eased temporarily during mid week as Kyiv put a diplomatic solution on the table, but of no use. Market stayed under pressure most of the week, However, it got a positive [...]
Investors bet that commodity producing economies will take up the slack left by disruptions to Russia's exports. The carnage in the oil prices has not impacted much on the loonie. Hopes of strong employment data from Canada underpins the CAD bulls. The Canadian dollar strengthened against its U.S. counterpart on Friday as market now [...]
Pound climbed against the greenback with investors showing shaky optimism towards diplomatic solution on the Ukraine crisis. Russian oil for imports severely impacted the sterling. Investors keep an eye in the US Consumer Price Index (CPI) numbers, which is due later today. Cable is trading high cheering the much-awaited compromise between the Kremlin and [...]
Euro trades higher with hopes of dialogue as Ukraine retreats from NATO membership and ready to compromise. Investors were also hesitant to sell the euro ahead of a European Central Bank policy meeting on Thursday. Upbeat prints of German Industrial Production (IP) for January favors the Euro bulls, However Ukraine- Russia crisis eyed. Euro [...]
