Fundamental view: Australian dollar had a fall against the greenback ending the week just below the 0.7400 level, The US dollar gained strength after the US Federal Reserve delivered as expected. The US Central Bank had kept interest rates unchanged at 0.25% which was widely expected and announced the reduction of its asset purchases by $15 [...]
Fundamental view: The US dollar has gone back and forth during the course of the trading week while portraying negative weekly trend. The Federal Reserve announcement that it was ending, gradually, its emergency bond program, this was the most highly anticipated market event of the year. The US Central Bank had kept interest rates unchanged [...]
Fundamental view: The British pound has fallen during the course of the trading week to reach below 1.35 level. The employment figures in the United States were stronger than the anticipation which helped the US dollar. The US Central Bank had kept interest rates unchanged at 0.25% which was widely expected and announced the reduction of [...]
Fundamental view: The Euro had initially tried to rally during the course of the week but gave up gains and fell to the 1.5 level. The US dollar gained strength after the US Federal Reserve delivered as expected. The US Central Bank had kept its interest rates unchanged at 0.25% which was widely expected and announced [...]
