Fundamental view: Bitcoin fell in the last week initially due to the positive sentiment for the greenback but it made a bounce back at the end of the week. Investors on social media platform declared a "Merry Bitmas. Bitcoin continues to be one of the market's coronavirus winners; with investors optimistic it will continue to [...]
Fundamental view: British pound traders have had a wild week initially but later in the week showed a bullish trend against greenback. Meanwhile Brexit is in its final hours of negotiation. Negotiation between the United Kingdom and the European Union is still going as arguing about fish is still on. United Kingdom is locking down its [...]
Fundamental view: AUD has rallied against greenback in the past week. Upbeat Australian employment data and a dovish US Federal Reserve triggered the bullish breakout. The American currency plunged on a risk-on mood and a dovish Fed, as speculative interest was optimistic over a Brexit deal and the US stimulus package. Both suffered delays and are still to [...]
Fundamental view: The Euro rallied during the week. The greenback was pressured by an optimistic mood related to Brexit talks and a US coronavirus relief package. The week went by and both issues remain unsolved, although investors are still waiting for positive news in the next couple of days. In the past week, US Capacity Utilization Rate [...]
