Fundamental view: In the past week, EU German PPI monthly report at 20th July stressed the pair and created a bearish trend for the pair whereas EU German 30-y Bond Auction and US HPI monthly report at 22nd July and EU German GfK Consumer Climate bullish move on 23rd July impacted the pair positively creating [...]
Fundamental view: FOMC Member Williams Speaks at Jul 16 acted as a catalyst for bearish move of the pair whereas ZEW Economic Sentiment at Jul 14 and Final Core CPI yearly report at Jul 17 framed a bullish move for the pair .The rising cases of Covid 19 cases in US has created a fear [...]
Fundamental view: EU Economic Forecasts report of the last week at 7th July 2020 and US Crude Oil Inventories at 8th July acted as a catalyst for the downtrend move for dollar and created a bullish move for the pair whereas USD Unemployment Claims at 9th July created bearish move. The increasing cases of Covid [...]
Fundamental view: Spanish Flash Consumer Price Index (CPI) yearly report of the last week at 29th June 2020 created a bullish move for the pair where as ADP Non-Farm Employment Change at 1st July as a catalyst for the downtrend move for dollar. The fear of second wave of corona virus and the prevailing US- [...]
