Stimulus and Upbeat Australian data underpins the bullish move of the quote - AUD/USD. RBA hawks favored by upbeat inflation and job report, braces the Aussie. Russia - Ukraine geopolitical tension weighs on market sentiment. Australian dollar is trading high against the American dollar during Monday Asian session snapping the three-day downtrend near a [...]
Fundamental view: Bitcoin seesawed against the US dollar during the trading course of the week. Bitcoin had a quite disappointing year till Jan 25. 2022, However it has 12% partial recovery to $38,100 on Jan. 26. Amidst Hawkish move from Fed weighing on Bitcoin, few other catalysts favors the Bitcoin. The Central bank has left [...]
Fundamental view: The yellow metal plummeted against the US dollar during the trading course of the week. The fall of the gold prices can be related to the Market cheering the US Federal Reserve’s (Fed) signals of the March rate hike and room for more lift-offs. The Central bank has left the rate unchanged however he [...]
Fundamental view: The Australian dollar plummeted against the American dollar during the trading course of the week. The monetary policy announcement from the central bank was the major catalyst in underpinning the uptrend of the US dollar. The Central bank has left the rate unchanged however he also made a notable change of tone toward [...]
