Fundamental view: The British pound fell in the previous week .UK presented draft legislation that upends some of the Brexit Withdrawal Agreement, and the EU responded angrily. The news overwhelmed everything else and pounded the pound. Britain Halifax HPI on 11th Sept favored uptrend for the pair whereas US JOLTS Job Openings on 9th Sept and US [...]
Fundamental view: The American dollar appreciated throughout the first half of the week, in the heels of the momentum triggered by encouraging data released the previous Friday coupled with the absence of relevant macroeconomic news but in later part it turned in to opposite direction as the shared currency got vote of confidence from market players [...]
Bitcoin’s price is still whipsawing between $10,420 and $9950, as of today. It appears a vast majority of this new investment is pouring into Ethereum, which is enjoying a 7% daily price gain right now and is the best performing crypto-asset in the top 10 cryptos by market cap. As per the market data, there’s [...]
Confidence in Uk housing has increased. Stamp duty cuts, coupled with increased demand for homes with gardens since the pandemic, has driven confidence in the housing market to a four-year high, according to surveyors and estate agents. A net balance of 44% of members of the Royal Institute of Chartered Surveyors (Rics) reported an increase [...]
