Blogs

Latest data released by Destatis – 29 May 2020 – -3.5% – Import price index -7.4% vs -7.2% y/y expected – Prior -5.5% Slight delay in the release by the source. Import prices slumped heavily amid the drop in energy prices and weaker price pressures in general amid the fallout from the virus outbreak. Not […]

Daily thread to exchange ideas and to share your thoughts The technical breakout in EUR/USD is supportive of such flow momentum and that is helping to weigh further on the greenback ahead of the final month-end fix later today.

Further comments by Tokyo governor, Yuriko Koike See here for global coronavirus case data

Latest data released by the Japanese Cabinet Office – 29 May 2020 – Prior 21.6 Consumer sentiment has improved slightly from the plunge in April but is still at rather depressed levels. The index here measures the households' confidence on the economy.

At least that won't stir the pot any more than it is now Meanwhile, Morrison also says that he would consider a travel bubble with New Zealand if some Australian states kept their borders closed. I reckon that is unlikely, as it should be a case of settling the domestic situation first before turning attention […]

EUR/GBP buyers make a break for it See here for global coronavirus case data This is what is weighing on the pound on the session, as we see cable also ease towards the 1.2300 level currently. EUR/GBP has been a little stubborn over the past few sessions near the 0.9000 handle but buyers are finally […]

AUD/USD upside remains limited by the 200-day moving average this week See here for global coronavirus case data The pair managed a break of the 0.6600 handle on Tuesday as buyers kept the recent upside momentum going, but the struggle for the most part this week remains trying to achieve a firm break/close above the […]

EUR/USD extends gains ahead of European trading See here for global coronavirus case data Despite the softer undertone in the market, the dollar is struggling a little on the session – not as noticeable against risk currencies – as the breakout in EUR/USD extends further.

USD/JPY falls to 107.20, the lowest level since 18 May See here for global coronavirus case data Sellers are back in near-term control on a break under the key hourly moving averages, and notably driving price below some near-term support around 107.34-40.

EUR/USD  USD/JPY  GBP/USD  AUD/USD  EUR/GBP See here for global coronavirus case data