The euro is set to end the week in the red as the three-week rally from 1.0770 has ben capped at 1.1400. The FX analysis team at Rabobank points out t
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USD/CHF extends rally from monthly lows, rises above 0.9500
The USD/CHF pair is rising sharply on Friday, and it regained 0.9500. On Thursday, the pair bottomed at 0.9374, the lowest since mid-March. Since then
Gold Price Analysis: XAU/USD weekly close is looking mixed as the bulls struggle to break $1745.12
The gold weekly chart below shows a distinct lack of direction for this week. The market participants were looking toward the Fed in the middle of las
United States Baker Hughes US Oil Rig Count fell from previous 206 to 199
United States Baker Hughes US Oil Rig Count fell from previous 206 to 199
NZD/USD Price Analysis: Kiwi testing support at 0.6400 area
The New Zealand dollar’s recovery attempt seen during Friday’s Asian session has been short-lived. The pair has been rejected at 0.6475 before pulling
The USD/CAD retracement continues and 1,3666 is the resistance to watch
USD/CAD has pushed higher over the last few session and trades 1.28% higher on the week but on Friday the pair has met some resistance. The chart belo
US Import prices Improve, Oil claws some back losses
<h3>USDCAD, H1</h3> <p>US import prices bounced 1.0% in May, with export prices edging up 0.5%. These follow respective declines of -2.6% and -3.3%. On a 12-month basis, import prices were down -6.0% y/y versus -6.8% y/y, and export prices were -6.0% y/y versus -6.8% y/y (was -7.0% y/y). As for imports, petroleum prices climbed 20
FX Update – June 12 – Risk Off Friday
<h3>USDJPY, H1</h3> <p>The <strong>Dollar</strong> and <strong>Yen</strong> posted fresh highs against most other currencies, although managed to pare losses as the pre-London session in the Asia-Pacific region progressed, with US equity index futures managing about a 1% rebound after closing sharply lower
Forex Forecast and Cryptocurrencies Forecast for June 15-19, 2020
<p>First, a review of last week’s events: – EUR/USD . If someone thought that the United States won COVID-19, they were mistaken. The number of people infected with coronavirus is growing in 21 states, with new highs recorded in 14 of them. Anti-racist demonstrations in the country are likely to further aggravate the infection situation