The Australian dollar may continue to outperform major counterparts should the Reserve Bank of Australia tame speculation for additional monetary support.
Blogs
Euro Breakout or Fake-Out? EUR/USD, EUR/JPY Surge to Fresh Highs
As the prospect of deeper economic integration has shown in Europe, hopes are high for coordination in recovery efforts. But is this a rally or fade for the Euro?
S&P 500 Price Outlook: VIX Index Sends Bad Omen for Stocks
S&P 500 Index price action slumps into month-end as investors await another potential escalation in US-China tension. Meanwhile, the VIX ‘fear-gauge’ sends an ominous signal and highlights stocks r…
ForexLive Americas FX news wrap: Trump goes easy on China
Forex news for North American trade on May 29, 2020: Markets: – Gold up $14 to $1732 – WTI crude oil up $1.28 to $35.00 – US 10-year yields down 4.3 bps to 0.65% The main event of the day was China and Trump's planned announcement to retaliate for the Hong Kong security law. That […]
CFTC commitments of traders. JPY longs increase vs the USD in the current week
Forex futures positioning data for the week ending May 26, 2020 – EUR long 75K vs 72K long last week. Longs increased by 3K – GBP short 22K vs 19K short last week. Shorts increased by 3K
All Trump's announcements on China were rumored or reported. Market breathes a sign of relief
Nothing new here Markets shuddered early in Trump's talk because there was a lot of sound and fury but when he got to the actual policies, there was nothing new.
Trump: China raided our factories and gutted our industries
Trump says he will take action against China Strong comments to start, more to come. He brought Pompeo and Mnuchin, which is a hint of something big coming.
Watch live: Trump hosts a press conference
Trump in the Rose Garden Trump is set to start any moment. See here for global coronavirus case data
Trump isn't planning to quit phase-1 China deal – report
Bloomberg citing a person familiar Few people thought that was going to happen, at least in my opinion. : Evidently, many people did think that because the market is bouncing right back.