Fundamental view: Bitcoin showed a mixed trend in the last week. The most significant development surrounding Bitcoin over the past week was the introduction of Bitcoin, Ether and Cryptocurrency MegaCap indexes by S&P Dow Jones Indices. Bitcoin and Ethereum may be the first cryptocurrencies to get their indexes listed in the traditional form, the firm’s global head of innovation, [...]
Fundamental view: EUR/USD trades around 1.2171 in the end of the week which has recovered all of the previous week´s losses and reached its monthly high at 1.2171. This is all because of the disappointing US employment report which has fueled the dollar’s sell-off at the end of the week, as the numbers confirmed the [...]
Fundamental view: In the previous week, Aussie traded high against the greenback. The US Federal Reserve members spent quite a lot of time in clarifying that they would not change the current monetary policy regardless of higher inflation. US Treasury yields fell with such comments, accelerating their slump on Friday, as inflation and rate hikes [...]
Fundamental view: During the initial half of the previous week, the yellow metal had to struggle to rise above $1,800 and it fluctuated in a horizontal channel. As the greenback came under sell trend in the second half of the week, yellow metal gained traction and touched its highest level of 1843 since March. The [...]
