Fundamental view: The US dollar has initially rallied during the course of the week, but then turned around to form to make a fall. Inflation in the US economy has been pushing market speculation toward the idea that the Fed will be forced to consider tapering its bond purchases. But the weaker labor markets will keep the Fed on [...]
Fundamental view: The Australian dollar has gone back and forth during the course of the week, as we continue to see a lot of noise when it comes to the idea of inflation. Inflation is good for commodities, and thus by extension it is potentially good for Australia. The central bank left interest rates unchanged as expected in [...]
Fundamental view: Pound has suffered by some favorable Macro US data and concerns about Britain's reopening. Words by Philadelphia Fed President Patrick Harker that this is the time to think of thinking of tapering, these were part of the mix sending the dollar higher. There seems to be growing support to reduce the pace of dollar printing at [...]
Fundamental view: The American dollar has strengthened against the euro but it is ending the week unevenly against them. The US central bank made an announcement that it would begin winding down one of the emergency programs created to support the economy throughout the pandemic. "Portfolio sales will be gradual and orderly and will aim [...]