Fundamental view: The British pound has fell against the greenback during the course of the trading week. Fed Reserve Powell’s comments has supported the US dollar. US 10-year Treasury yields hit 1.50% in this week . Another concern which has temporarily supported the safe-haven dollar was the fear that the US would default on its [...]
Fundamental view: The EUR/USD has ended the week with a year lowest level. Demand for the US dollar is supported by comments from US Federal Reserve chief Jerome Powell. Fed head Powell noted that supply chain issues could lead to a longer interval of higher inflation, calling the latter “frustrating” and seeing it running into [...]
The world's biggest and best-known cryptocurrency Bitcoin has gained positive movement from second consecutive day from the year's low of $27,734. Continued macro events last week took the market by surprise and accelerated the fall in prices. China's crypto trading cryptocurrency was hit hard last week, and the announcement came as a shock to Bitcoin [...]
Gold is looking to wrap September down consolidates the monthly losses, the heaviest since June. Today session may be made for yellow metal struggling to remain in neutral territory. The yellow metal bounces off low as traders remain cautious over the key challenges to sentiment and also rising U.S. Treasury yields continued to apply pressure. [...]
