After recording fresh 3-month tops in the $25.30 region at the beginning of the week, shares of Carnival Corporation (CCL) are now shedding some groun
Blogs
NZD/USD off lows, still deep in the red below 0.6500 mark
The NZD/USD pair maintained its heavily offered tone through the early North American session and was last seen trading near the lower end of its dail
Indonesia: FX reserves keep the uptrend unchanged – UOB
Enrico Tanuwidjaja, Economist at UOB Group, gives his views on the latest FX reserves figures in Indonesia. Key Quotes “Indonesia foreign exchange res
USD/JPY struggles to hold above 108.00, eyes on Wall Street
The USD/JPY pair started the week on the back foot and lost more than 100 pips on Monday. The dismal market mood on Tuesday allowed the JPY to continu
ACB Stock Price: Aurora Cannabis Inc. corrects from tops, around $15.30
Aurora Cannabis Inc. (ACB) suddenly woke up and climbed to fresh multi-day highs above the $15.00 mark per share at the beginning of the week. Despite
United States Redbook Index (YoY) dipped from previous -7.2% to -9.7% in June 5
United States Redbook Index (YoY) dipped from previous -7.2% to -9.7% in June 5
United States Redbook Index (MoM): -3.2% (June 5) vs previous -1.4%
United States Redbook Index (MoM): -3.2% (June 5) vs previous -1.4%
EU's Centeno to step down as Eurogroup President on July 13
Chairman of Eurozone finance ministers (Eurogroup) Mario Centeno announced on Tuesday that he will be stepping down from his position on July 13th. Ce
EURUSD & FOMC Preview
<h3>EURUSD, H1</h3> <p>Eurozone Q1 GDP was revised up to -3.6% q/q from the -3.8% q/q reported initially. A modest upward revision that still left the annual rate at -3.1% y/y and doesn’t change the fact that with Q2 GDP certainly going to be worse, <strong>the Eurozone is effectively in recession now</strong>. L
FX Update – June 9 – Sterling rally stalls
<h3>GBPUSD, H1</h3> <p>The Pound has taken a turn lower, racking up a 0.5% loss to the Dollar and about a 1% decline versus the Yen, while also softening a little against the Euro. The backdrop of sliding stock markets in Europe has weighed on the Pound, which has established a pandemic-era proclivity to underperform its […