Fundamental view: Bitcoin edged higher against the US dollar during the trading course of the week. Headlines of Russia- Ukraine crisis dominated the financial markets, but it did not show any peace talks progress. However, during the first half, Optimism over a probable truce between the wto helped the Bitcoin. Market sentiment was sour on [...]
Fundamental view: Gold dropped against the greenback during the trading course of the week. The yellow metal started this week under significant bearish pressure with the optimisms of truce between Russia and Ukraine, However the market sentiment became sour on Thursday which helped the gold. Russia and Ukraine both rejected reports claiming that they were [...]
Fundamental view: Australian dollar managed to show a uptrend against the American dollar during the trading course of the week recovering from its previous week loss. The commodity linked currency found support this week with the sentiment seesawing alongside headlines coming from Europe. This week came to end without any progress in the peace talks [...]
Fundamental view: The US dollar rallied against the Japanese yen during the trading course of the week. Headlines of Russia - Ukraine crisis dominated the financial markets, however it did not show any peace talks progress. US Federal Reserve monetary policy decision also acted as a major catalyst in driving the market which helped the [...]