Fundamental view: The Euro has gone back and forth during the course of the week and ended weaker against greenback in the end of the week. One of the biggest sticking points of the last week is the fact that the stimulus talks in America are going on forever, and it seems as if there is plenty of [...]
Fundamental view: Bitcoin has reversed all the gains from the previous week and retreated below $18,000 amid the deepest weekly decline since the end of August. Although the cryptocurrency ecosystem is currently characterized by unnecessary factions, as different projects claim superiority over another, statistics present a strong argument that there is room big enough for all [...]
Fundamental view: The US dollar has rallied a bit against the Japanese yen in the previous week. In Japan the most up-to-date information, the Eco Watchers Surveys, Outlook and Current for November from the Cabinet Office, saw sharp declines from their pandemic highs in October. US Revised Nonfarm Productivity quarterly report & Revised Unit Labor Costs quarterly [...]
Fundamental view: The vaccines are coming – we’re saved! Although the arriving vaccines are great for humanity, they are bad for the price of gold. In November, Pfizer and BioNTech announced that their mRNA-based vaccine candidate, BNT162b2, had demonstrated evidence of an efficacy rate above 90% against COVID-19, in the first interim efficacy analysis. At the start of the week, [...]
