Blogs

The Australian Dollar looked ahead to local jobs data, shrugging off minutes from June’s RBA policy meeting. An increase in ABS weekly payroll figures led to a surge in the ASX 200.

USD/CAD pulls back from the weekly high (1.3686) as the Fed announces that the Secondary Market Corporate Credit Facility (SMCCF) will “create a corporate bond portfolio.”

Forward guidance from the Bank of Japan could determine the fate of the risk-associated USD/JPY, as the central bank is expected to maintain its current monetary policy settings.

The US Dollar fell and US equity markets rejoiced after the Fed announced it was going to purchase individual corporate bonds. AUD/USD rose, but the RBA meeting minutes could curb its rise.

A recent spike in risk aversion and volatility following the June FOMC meeting has seen USD/CAD reclaim some of the ground it lost in early March. Now, resistance overhead may complicate a continua…

Mexican Peso may be poised to mount a counteroffensive against the US Dollar as USD/MXN pulls back into support. Here are the levels that matter on the technical charts.

After striking 2-week trough in yesterday's trading session, the Pound Sterling recovered ground against the greenback during Tuesday trade in London.

Yesterday, oil prices rebounded on the hope that production cuts will remain in place in light of a possible second wave of the coronavirus outbreak.

Stocks and risk assets recovery strongly; U.S. Federal Reserve announces it buy corporate bonds; North Korea threatens to send troops into DMZ

The Dubai Financial Services Authority (or DFSA) recently granted Pepperstone a license to operate in Dubai, which would let the broker provide its financial products to United Arab Emirates residents as well as to the residents of other Arab states of the Persian Gulf.