Fundamental view: The British pound was up in the week initially and later fell down. Britain CPI yearly report and Core CPI yearly report on 19th Aug, US Unemployment Claims on 20th Aug, favored uptrend whereas US NAHB Housing Market Index on 17th Aug and Britain GfK Consumer Confidence on 21st Aug favored downtrend. Dollar [...]
Fundamental view: Aussie showed a mixed trend for the past week. US Empire State Manufacturing Index on 17th Aug and US Crude Oil Inventories on 19th Aug framed bullish trend for the pair whereas US Building Permits, Housing Starts on 18th Aug and Australia Flash Manufacturing PMI on 21st Aug set a bearish environment for [...]
Fundamental view: The latest update that ‘Crypto-exchanges have to comply with SEC rules’ makes crypto weaker against the recovering dollar in the past week. The optimism among the investors for the dollar makes Bitcoin to fall and we expect it to continue in the upcoming week. The major economic events deciding the movement of the [...]
Japan's core consumer prices were unchanged in July from a year earlier, government data showed on Friday. The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 0.1 percent annual gain. Stripping away the effect of fresh food and energy, consumer prices rose 0.4 [...]
