The US dollar has gone back and forth during the course of the trading session on Monday as we continue to see a lot of push and pull when it comes to emerging market currencies
Blogs
WTI Crude Oil Forecast: Continues to Sit at Gap – 02 June 2020
The West Texas Intermediate Crude Oil market has done nothing during the day on Monday, as we are simply sitting around and waiting to see whether or not we can break out to the upside.
Gold Forecast: Continues to Trade in Symmetrical Triangle – 02 June 2020
The gold markets had a very choppy trading session on Monday, as we have continued to be very noisy in this market as well as others.
EUR/USD: Will a Minor Sell-Off Precede Next Phase of the Rally? – 02 June 2020
Despite the European Central Bank’s acknowledgment that the Eurozone will face a more precipitous than previously considered recession
NZD/CHF: Bullish Momentum Collapse to Initiate Next Breakdown – 02 June 2020
First-quarter export volume out of New Zealand increased, defying calls for a marginal contraction.
GBP/USD Forex Signal: Bullish Breakout from Ascending Channel – 02 June 2020
GBP/USD: Trading above key round number at 1.2500
EUR/USD Forex Signal: Bullish Consolidation Above 1.1089 – 02 June 2020
EUR/USD: Price looks set to move beyond multi-month high at 1.1153
AUD/JPY: Is Overextended Rally Vulnerable to Profit-Taking? – 02 June 2020
Australian company pre-tax profits for the first-quarter plunged 16.2% in the first quarter, after a 0.6% contraction in the fourth quarter.
Brexit trade talks update – EU is prepared for an extension up to 2 years
EU and UK talks on securing a trade deal recommenced on Tuesday In a nutshell" – This is the fourth round of negotiations on a trade deal to replace the transition phase by the end of this year. The road ahead is rocky for these discussions. A press conference/release is expected by Friday on this […]
The German government coalition discussion on further stimulus will continue tomorrow
Talks have concluded for today without an agreement being reached, will continue Wednesday 3 June 2020 – The background to this is that Germany could launch a fresh stimulus package More German stimulus added to the feel goods for markets overnight.