Fundamental view: In the last week, Japan National Core CPI at 20th July, US President Trump Speech at 21st July created a bullish move for the pair whereas US Unemployment Claims at 23rd July and US Flash Manufacturing PMI at 24th July, US New Home Sales report at 24th July created a bearish trend for [...]
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: The recent update that Chinese and Russian effort to change the global reserve currency and the fact that Federal Budget deficit prints new record amount pressurizes the Safe haven asset whereas The U.S. Office of the Comptroller of the Currency (OCC) has opened the door for federal savings associations and national savings banks [...]
Fundamental view: The recent update that Iran and China on verge of a huge deal and China forges new trading partnerships with other countries impacts dollar negatively and along with Spike in US Covid-19 cases And Fed officials raising concern about the sustainability of the economic recovery makes safe haven asset to struggle. Also Historic [...]
