Fundamental view: US Consumer Credit report at 8th July pressurized dollar hence creating bullish trend whereas US IBD/TIPP Economic Optimism report released at 6th July as a catalyst for the uptrend move for dollar and US Unemployment Claims at 9th June 2020 created a favorable atmosphere for USD hence fabricating a bearish trend for the pair. [...]
Fundamental view: In the past week, US Non-Manufacturing PMI released at 6th July and US Unemployment Rate released at 9th July supported greenback and created a bearish trend for the pair whereas UK Construction PMI favorable release at 6th July and UK Halifax monthly report released at 7th July boosted the pound and created bullish [...]
Fundamental view: USD ISM Non-Manufacturing PMI at 6th July and US Unemployment Claims at 9th July favored USD and created bearish trend for the pair whereas as IBD/TIPP Economic Optimism at 7th July and US Crude Oil Inventories at 8th July acted as a catalyst for the downtrend move for dollar and boosted Bullish move [...]
Fundamental view: EU Economic Forecasts report of the last week at 7th July 2020 and US Crude Oil Inventories at 8th July acted as a catalyst for the downtrend move for dollar and created a bullish move for the pair whereas USD Unemployment Claims at 9th July created bearish move. The increasing cases of Covid [...]
