Blogs

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of 31 may, 2020 here.

The DAX Index has come off short term highs made early last week but is still enjoying the fruits of a solid trend upwards since hitting lows near 8,500.000 mid-March.

Get the weekly Forex forecast for major currency pairs for the week of May 31, 2020 here.

WTI Crude Oil is likely to remain under pressure in June, capped by $34.

Gold has come down off its recent highs to trade somewhere in the middle of the range it’s been in since mid-April.

Forex trading in Nepal has become easier to get involved in over recent years, which have mostly seen strong economic growth and the increasing availability of fast internet.

Latest data released by Markit – 1 June 2020 – Prior 30.8 See here for global coronavirus case data

Comments by the Chinese foreign ministry – US action interferes with internal affairs, undermines bilateral relations – US purposely oppressing Chinese firms for no good reason See here for global coronavirus case data

Risk in a more positive spot to start the session – Eurostoxx +1.0% – France CAC 40 +1.7% – UK FTSE +1.6% – Spain IBEX +1.8% The DAX is closed for trading amid a holiday in some parts of Europe, but the more positive risk tone from Asia is reverberating across the market for now […]

Event risk for June, via Bloomberg Below are some key event risks to be looking out for in June.   1. this week on June 04. There are expectations for an expansion in the Pandemic Emergency Purchase Program (PEPP) with the detail to be scrutinised. According to Pictet's Frederik Ducrozet research note the Governing Council […]