Fundamental view: Bitcoin showed bullish trend this week. Widespread adoption of the big crypto underpins the bullish trend. One area where the Bitcoin adoption is expanding is municipal asset. Miami and its Mayor Francis Suarez are about to take Bitcoin adoption to a new level by announcing that every citizen with a digital wallet will [...]
Fundamental view: Gold is holding the lower ground against the American dollar just above $1,850 maintaining its consolidative mode. For this week, the pair had rose more than 2%. With data from the US showing that consumer inflation reached its highest level since 1990, XAU/USD rallied and touched its highest level since June - $1,868 [...]
Fundamental view: Australian data showed a uptrend in the beginning of the week later the trend became favorable to the American dollar supported by the Inflation expectation and employment data. Federal Reserve has launched its bond program taper at previous Wednesday’s meeting with a $15 billion reduction in monthly purchases, only November and December were [...]
Fundamental view: US dollar has rallied against all the majors in this week, It was also noisy against the Japanese yen. Federal Reserve has launched its bond program taper at previous Wednesday’s meeting with a $15 billion reduction in monthly purchases, only November and December were spoken for in the FOMC statement. Elsewhere the governors [...]
