Fundamental view: Bitcoin initially traded high but later fell against the US dollar during the trading course of the week, However it managed to erase some of its previous week losses. War is the main market driver of the financial market now. Leaders from all the West’s nations have asked President Vladimir Putin to put [...]
Fundamental view: Gold edged higher against the US dollar during the trading course of the week and ended reaching its highest level since Nov 2020 at $1970. The War underpinned the demand of the safety haven precious asset. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the [...]
Fundamental view: The Australian dollar edged higher against its rival American dollar reaching a fresh 2022 high of 0.7379 this week. Aussie reaction was resilient to the war. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the war, but of no use. On Thursday, Putin said that [...]
Fundamental view: USD/JPY has a constrained reaction to the war. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the war, but of no use. On Thursday, Putin said that he aims to reach its goals and will continue no matter what. while Putin agreed on the creation [...]
