Following the latest U-turn from 109.07, USD/JPY seesaws near the intraday high of 109.24, up 0.05% on a day, during the early Friday. However, the pa
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ECB’s de Cos: Rising risk of deflation warranted more stimulus
ECB’s de Cos: Rising risk of deflation warranted more stimulus more to come …
HK’s Finance Secretary: China stands ready to defend exchange rate system
Hong Kong’s (HK) Finance Secretary Paul Chan said in a statement on Friday, China stands ready to defend exchange rate system. Earlier this week, he s
When are the German Factory Orders and how could they affect EUR/USD?
German Factory Orders are seen plunging 19.7% month-on-month in April, having slumped 15.6 in March. On an annualized basis, the industrial orders fel
GBP/USD battles 1.2600, snaps six-day winning streak as Brexit deadlock looms
Having stepped back from the five-week high of 1.2633, GBP/USD remains under pressure around 1.2590 while heading into the London open on Friday. It s
Coronavirus update: Germany’s death tally tops 8600 on Friday
The number of confirmed coronavirus cases rose to 183,271 with a total of 8,613 deaths, as reported by the German disease and epidemic control center,
FOMO atmosphere – NFP DAY!
<p><span><span><strong>US May payroll report in focus today:</strong></span></span></p> <p><span>The markets are braced for a surge in the unemployment rate to a record high. The markets are forecasting a 17.4% print, up from 14.7%. With other data, especially claims and PMI labor numbers,