The drop below 0.6700 last week was the crucial element in driving the declines for NZD/USD as of late but the stronger dollar and more hawkish Fed certainly exacerbated that sentiment.As a result, the pair is now finding itself on the verge of seven straight days of declines – down another 0.4%
Archiv für den Monat: Januar 2022
British Pound: In Bear Trap
The British pound might
continue falling: this possibility is supported by several fundamental and
technical factors. Aggressive policy of the US Fed and the expected growth of
the dollar will make the pound retreat faster than it is doing now.
Speeding-up
inflation
continue falling: this possibility is supported by several fundamental and
technical factors. Aggressive policy of the US Fed and the expected growth of
the dollar will make the pound retreat faster than it is doing now.
Speeding-up
inflation
German Q4 preliminary GDP -0.7% vs -0.3% q/q expected
Prior +1.7%GDP (non-seasonally adjusted) +1.4% y/yPrior +2.5%GDP (working day adjusted) +1.4% y/yPrior +2.5%Apologies as there is a bit of a delay on the post due to technical difficulties. The German economy contracted more than expected in Q4 last year, owing to the spread of omicron and restricti
Cryptocurrencies are under attack
On Thursday, Bitcoin lost 0.4%, ending the day around $36,200, and Ethereum
fell 2.5%. The other leading altcoins in the top ten also mostly saw declines,
from XRP down 0.9% to Terra with -8.3%. According to CoinGecko, the total
capitalization of the crypto market sank by 2.3% per day, to $1.72 tr
fell 2.5%. The other leading altcoins in the top ten also mostly saw declines,
from XRP down 0.9% to Terra with -8.3%. According to CoinGecko, the total
capitalization of the crypto market sank by 2.3% per day, to $1.72 tr