Fundamental view: The Euro managed to close with a bullish candle for a second consecutive week but the advance was somewhat dull as the shared currency stood away from investors’ radars. Top Federal Reserve officials expressed concerns about extended high inflation and noted that it could force the central bank to raise rates sooner than [...]
The yen pair is trading on sideline today ahead of Federal speech about inflation and due to rise in Japan CPI This has put the yen pair into seesaw moment. Japan's core consumer prices rose for the first time in September after the initial stages of the corona virus outbreak in March 2020, a sign [...]
The kiwi pair shows strong positive moment against greenback today, while doing so the kiwi pair enjoys the upward moment amidst the weaker dollar. Today New Zealand’s Prime Minister Jacinda Ardern announced the South Island Pacific nation has clinched a historic Free Trade Agreement (FTA) with the United Kingdom. It eliminates tariffs on a wide [...]
Aussie pair is trading high against greenback amid US dollar weakness and a brighter mood to refresh the multiday high the previous day. Global market sentiment improved on Tuesday after the declining US housing number, Fed's questioned tapping plans. The Reserve Bank of Australia (RBA) monetary policy meeting minutes and the easing of corona virus [...]
