Fundamental view: USD ISM Non-Manufacturing PMI at 6th July and US Unemployment Claims at 9th July favored USD and created bearish trend for the pair whereas as IBD/TIPP Economic Optimism at 7th July and US Crude Oil Inventories at 8th July acted as a catalyst for the downtrend move for dollar and boosted Bullish move [...]
Fundamental view: EU Economic Forecasts report of the last week at 7th July 2020 and US Crude Oil Inventories at 8th July acted as a catalyst for the downtrend move for dollar and created a bullish move for the pair whereas USD Unemployment Claims at 9th July created bearish move. The increasing cases of Covid [...]
Fundamental view: Spanish Flash Consumer Price Index (CPI) yearly report of the last week at 29th June 2020 created a bullish move for the pair where as ADP Non-Farm Employment Change at 1st July as a catalyst for the downtrend move for dollar. The fear of second wave of corona virus and the prevailing US- [...]
Fundamental view: BOE Gov Bailey Speaks creates on 29th created some optimism for sterling whereas Favourable pending sales report for US on 29th June 2020 created a bearish move for the pair. ADP Non-Farm Employment Change at 1st July acted catalyst for the downtrend move for dollar and boosted bullish move for the pair. Increasing [...]
