Pound is trading in the positive node on Tuesday but struggles near 1.3420 level. The pound seem to trade higher against greenback although post-Brexit trade arrangements for Northern Ireland remain a risk which could drag the pound down. Relations between the UK and EU have been tattered due to the British threats to trigger Article [...]
Euro is trading high against greenback and the pair EUR/USD is hovering around 1.1450 level in the early Asian session. On Friday, the major currency pair dropped to a fresh 16-month low 1.1432 before bouncing. The bounce of the Euro can be related to the cautious market mood amid the downbeat Michigan Consumer Sentiment. The [...]
Fundamental view: Bitcoin showed bullish trend this week. Widespread adoption of the big crypto underpins the bullish trend. One area where the Bitcoin adoption is expanding is municipal asset. Miami and its Mayor Francis Suarez are about to take Bitcoin adoption to a new level by announcing that every citizen with a digital wallet will [...]
Fundamental view: Gold is holding the lower ground against the American dollar just above $1,850 maintaining its consolidative mode. For this week, the pair had rose more than 2%. With data from the US showing that consumer inflation reached its highest level since 1990, XAU/USD rallied and touched its highest level since June - $1,868 [...]
