Fundamental view: Australian dollar has rallied significantly against the American dollar and ended near the 0.7170 level during the trading course of the week. The pair has recovered from the a fresh 2021 low of 0.6992, this week. The Fed is widely anticipated to increase the amount of its monthly taper from $15 billion to [...]
Fundamental view: The US dollar has rallied a bit against the Japanese yen during the trading course of the week. US dollar seems to gain support from the US inflation figures and comments from Federal Reserve officials, including Chair Jerome Powell; He says that it is time to act on inflation. The Fed is widely [...]
Fundamental view: The British pound has went back and forth against the greenback during the trading course of the week. As far as central banks are concerned, It is expected that the Fed will double the pace of tapering to $30 billion a month. US policymakers will keep rates on hold, but pulling off support programs is [...]
Fundamental view: The Euro has gone back and forth during the course of the week again, same as it did in the previous two weeks. Market is priced at the speculation of US Federal Reserve likeliness of announcing a doubling of its bond-buying program tapering. It is expected that the Fed will double the pace of [...]
