Fundamental view: The unfavorable news of Japan House spending yearly report created a bullish move for the pair whereas US Crude Oil Inventories at 8th July and US Core PPI report at 10th July 2020 acted as a catalyst for the downtrend move for dollar and boosted bearish move for the pair. Overall Japan showed [...]
Fundamental view: US ISM Non-Manufacturing PMI at 6th July and US Unemployment Claims released at 9th July acted as a catalyst for the uptrend move for dollar and boosted bearish move for the pair whereas Australia ANZ Job Advertisements monthly report at 6th July and US crude oil inventories at 8th July created a bullish [...]
Fundamental view: US Consumer Credit report at 8th July pressurized dollar hence creating bullish trend whereas US IBD/TIPP Economic Optimism report released at 6th July as a catalyst for the uptrend move for dollar and US Unemployment Claims at 9th June 2020 created a favorable atmosphere for USD hence fabricating a bearish trend for the pair. [...]
Fundamental view: In the past week, US Non-Manufacturing PMI released at 6th July and US Unemployment Rate released at 9th July supported greenback and created a bearish trend for the pair whereas UK Construction PMI favorable release at 6th July and UK Halifax monthly report released at 7th July boosted the pound and created bullish [...]
