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The sharp sell-off in DXY met contention in the mid-96.00s for the time being. Despite the current oversold conditions (as per the daily RSI), the dol

EUR/JPY is navigating the second consecutive session with losses on Monday, coming under selling pressure after recording fresh YTD tops in the 124.40

Iraq will deliver 80% of its ledged output cuts in June but will compensate later, Saudi Arabia's energy minister Prince Abdulaziz bin Salman told a n

Economists at the National Bank of Canada maintain its 2020 GDP forecasts for the US and Canada as the first half collapse will not be offset by the r

The USD/CHF pair registered strong gains on Friday and closed the week virtually unchanged at 0.9625. On Monday, the pair is staying relatively calm a

The AUD/USD pair now seems to have entered a bullish consolidation phase and was seen oscillating in a narrow trading band below the key 0.7000 psycho

The USD/JPY pair is trading at around 109.40, still correcting overbought conditions in the short-term after the Japanese economy contracted by 0.6% i

"The main precondition for an OPEC+ deal expansion is how fast the demand recovery," Russian energy minister Alexander Novak told a news conference on

An important medium-term base is now seen in place with next resistance looming at 125.13/23, the Credit Suisse analyst team apprise. Key quotes “EUR/

In its updated macroeconomic projections for the 2020-2022 period, the Bank of Spain said that it sees the economy shrinking between 16% and 21.8% in