Fundamental view: Pound showed a downward movement against the dollar in this week. All the brits are demanding for the quarantine due to rapid spread of delta virus elsewhere The UK is not only get in suffering from the rapid spread of the Delta variant, and broader markets have come to terms with the strain's [...]
Fundamental view: The Euro has fallen against greenback again during the course of the week. European Central Bank President Christine Lagarde and her colleagues are behind the euro's weakness. In the ECB's first post-strategic review decision, the Frankfurt-based institution enhanced its commitment to keeping lower rates for longer. The ECB made its forecasts point to [...]
Fundamental view: Bitcoin showed a downtrend in this week but in the upcoming week, an uptrend might follow up. Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin (BTC, +0.06%) futures for some clients, according to two people with knowledge of the matter who spoke on condition of anonymity. [...]
Fundamental view: The Yellow metal has fell against greenback in this week. A strong rebound in the US Treasury bond has supported the US dollar. Apart from this, a generally positive tone around the equity markets further acted as a headwind for traditional safe-haven assets. US Powell’s gave his comments during his second day of [...]
