Fundamental view: The Australian dollar has fallen a bit during the course of the trading week. The draconian Australian approach to the Delta variant led to the collapse of the down-under job market in August with the largest loss of employment since May 2020. Delta closures and restrictions reported in several places, led to the [...]
Fundamental view: Greenback showed a uptrend against the Japanese yen in this week despite somewhat conflicting directions from US economic data. Consumer price gains in the US have moderated slightly in August and gave the Federal Reserve additional logic for delaying their bond taper. Whereas Federal Reserve policy as enumerated many times by Chair Powell, [...]
Fundamental view: Pound has initially rallied against the greenback but later fell closing with a weekly bear candle. In US inflation has eased. Easing inflation allows Federal Reserve Chair Jerome Powell to insist that price rises are transitory and potentially delay the bank's taper decision. UK Prime Minister Boris Johnson made a shuffling in his [...]
Fundamental view: The Euro has initially rallied during the course of the trading week but later fell to form a bearish candle. The corporate has benefited from economic growth and price pressures wane failed to impress Wall Street, which remained in a downbeat mood. That supported the safe-haven dollar. Isabel Schanel, a German member of [...]
