Nasdaq 100 has opened lower, trading down -1.17% at 9477, and analysts at Credit Suisse look for a consolidation/corrective phase to emerge with suppo
Blogs
German finance ministry expects budget deficit of 7.25% of GDP this year – Reuters
The German finance ministry is planning to increase new borrowing by €62.5 billion to €218.5 billion this year to finance the coronavirus stimulus pac
EUR/USD trims losses, stays consolidative around 1.1250
EUR/USD is prolonging the consolidation in the mid-1.1200s as the European trading hours are drawing to a close on Monday. EUR/USD focused on risk tre
Fed: Main Street Lending Program now open for lender registration
The US Federal Reserve announced on Monday that the Main Street Lending Program is now open for lender registration. "Participating main street lender
EUR/USD: Resistance at 1.1270 caps, risk is skewed to the downside
The EUR/USD pair has started the week gapping lower amid a persistent dismal mood as is capped by a Fibonacci resistance level at 1.1270, as FXStreet’
AUD/USD finds support near 0.6780, stays in red around 0.6830
The AUD/USD pair closed the previous week in the negative territory after climbing to a fresh multi-month high of 0.7063 on Wednesday. The risk-off ma
Gold Price News and Forecast: XAU/USD bouncing off $1,750 resistance level again [Video]
For the past couple of weeks we have been increasingly neutral on gold. A bounce of three positive daily candlesticks in a row last week could have th
CCL Stock Price: Carnival Corp plummets to the $18.00 area
Carnival Corporation (CCL) is fading Friday’s strong gains and is expected to open near the $18.00 mark on Monday, shedding around 10% amidst the cont
FX Update – Risk-Off & Empire State both jump
<h3>AUDUSD, H1</h3> <p>The Dollar and Yen rose and commodity currencies underperformed amid safe haven positioning in global markets. Stock markets in the Asia-Pacific region have declined sharply, and S&P 500 futures racked up a loss of nearly 3% at the lows (subsequently retracing to a 2% loss in opening cash trades), wh
Second wave shocks stocks – What’s next?
<p>Investors breathed a sigh of relief after Wall Street bounced on Friday, despite it closing off the day’s highs and recouping only about one-third of Thursday’s steep losses. The USA30 rallied 1.9%, with the USA500 up 1.3%, while the USA100 climbed another 1%, and continues to pace the upside in June, up 1.0%.</p> <p><iframe