The Aussie is under pressure today among skids in global stock markets and an increase in bond yields that will make the U.S. dollar a more attractive investment. The comments by members of the Federal Reserve have boosted rising energy prices and inflationary concerns and push the U.S. yields and the dollar into higher. Meanwhile, [...]
The US dollar has been enjoying its peak level around the rise in Treasury yields ahead of Federal Reserve speakers this week, confirming expectations that asset purchases will begin to decline by the end of this year. The U.S. economy will soon meet the Federal Reserve's bar for beginning to reduce its bond purchase program, [...]
The cable pair is traded at its low level today London session. Amid widespread risk-on sentiment, the US dollar withdrawal, the recent resilience of the cable pair, and the pessimism surrounding Brexit-led challenges have recently reassured pair sellers in the UK petrol supply. The UK government has decided to temporarily suspend competition rules for the [...]
Fundamental view: Bitcoin showed a downtrend against the dollar in this week. The adoption of the Bitcoin remains strong but investors does not seem to be interested in it. This week, Twitter released an update providing Twitter users with a Strike account to tip BTC through the Lightning Network. While the rumors of this development [...]
