Blogs

The AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal

Fresh remarks coming out of the Reserve Bank of New Zealand (RBNZ) may drag on NZD/USD as the central bank retains a dovish forward guidance for monetary policy.

The S&P 500 shrugged off risk aversion to end last week higher, but upside momentum seems to be fading. US markets are offline today, raising the risk of volatility.

The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which could complicate virus economi…

The S&P 500 and Nasdaq will look for developments in US-China tensions while the DAX 30 awaits a string of regional data. Possible coronavirus vaccines may also influence sentiment in the week ahead.

The US Dollar continues to struggle on Monday following its recording of a loss for last week.

According to Germany's Federal Statistics Office, capital investments dropped 6.9 percent, followed by private consumption which contracted 3.2 percent and exports which went down 3.1 percent.

Stock markets continue to rise despite US and UK holidays; Daily new confirmed coronavirus cases easing off again; Coronavirus epicenter is in Latin America

Oil prices remained range-bound on Monday as traders remained concerned about the tensions between the United States and China.

USD/JPY: Weakly bullish with low volatility