Fundamental view: The Australian dollar has fallen during most of the week against the American dollar. The rationale behind this can be linked to the Hawkish Fed. The minutes from the Central bank’s December 16 meeting highlighted a discussion about reducing the bank’s $8.5 billion balance sheet. Fed also judged that conditions for a rate [...]
Fundamental view: US dollar had a good start at the beginning of the week but later gave up some gains against the yen during the trading course of the week. The minutes from the Central bank’s December 16 meeting highlighted a discussion about reducing the bank’s $8.5 billion balance sheet. Fed also judged that conditions [...]
Fundamental view: The British pound seesawed against the US dollar during the trading course of the week. The Fed Hawkishness and the Omicron woes were the major catalysts behind the movement. Central bank had released the Minutes of its December meeting, that showed policymakers began discussing the reduction of their bonds holding in the upcoming [...]
Fundamental view: The Euro lost traction against the greenback during the trading course of the week but erased some of it losses in the last day and ended with a slight bearish candle. The year 2022 started with a biggest shock from the Fed. Central bank had released the Minutes of its December meeting, that [...]
