Fundamental view: The Australian dollar has gone back and forth during the course of the week and finished the week with modest losses. Even though the greenback is having broad weakness, the AUD has failed to attract speculative interest of the traders. The pair’s behavior has been directly correlated to that of Wall Street, which in [...]
Fundamental view: The US dollar has been somewhat negative during the trading week. This week’s Federal Reserve minutes has demonstrated once more that the market sensitivity to rate signals from the central bank and traders fears of missing the potential surge in interest rates and the dollar when that first notice of a change in [...]
Fundamental view: The Euro has rallied during the last week and reached 1.22 level , this is because of the speculation that the Fed will have to tighten its ultra-loose monetary policy sooner than anticipated. Federal Bank chief Jerome Powell has repeated multiple times that the current policy will remain in place until they see [...]
Fundamental view: The British pound has rallied during the course of the trading week. The market is continuing trading depending on the expectations of rising inflationary pressures in the US and how those may affect the Federal Reserve monetary policy while uncertainty about the UK reopening played a role in moving the pound. The UK has loosened many [...]
