Fundamental view: The Australian dollar edged higher against its rival American dollar reaching a fresh 2022 high of 0.7379 this week. Aussie reaction was resilient to the war. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the war, but of no use. On Thursday, Putin said that [...]
Fundamental view: USD/JPY has a constrained reaction to the war. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the war, but of no use. On Thursday, Putin said that he aims to reach its goals and will continue no matter what. while Putin agreed on the creation [...]
Fundamental view: The British pound traded downside against the US dollar having reached a lowest level of 3 months at 1.3201. The war is the major catalyst in dragging the sterling down. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the war, but of no use. On [...]
Fundamental view: The Major currency plummeted against the greenback and has hit a low of 1.0885, the lowest level since May 2020 in this week. The War acted as the main driver in the drop of the pair. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the [...]
