Sterling will struggle from stalling EU-UK trade talks into summer and strategists at Danske Bank see EUR/GBP at 0.90 in 6M. Key quotes “We expect GBP
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ADB: Coronavirus could inflict up to $8.8 trillion losses in global economy
In the latest report that followed its economic outlook released in early April, Asian Development Bank (ADB) said on Friday, the coronavirus pandemic
USD/CAD bounces off lows, back around mid-1.4000s
The intraday USD selling picked up pace during the early European session and pushed the USD/CAD pair to fresh daily lows, around the 1.4020-15 region
Portugal Gross Domestic Product (QoQ) down to -3.9% in 1Q from previous 0.7%
Portugal Gross Domestic Product (QoQ) down to -3.9% in 1Q from previous 0.7%
Portugal Gross Domestic Product (YoY) down to -2.4% in 1Q from previous 2.2%
Portugal Gross Domestic Product (YoY) down to -2.4% in 1Q from previous 2.2%
Australia: Labour market begins to deteriorate – UOB
Economist at UOB Group Lee Sue Ann assessed the latest results from the Australian labour market. Key Quotes “The Australian economy lost 594,300 jobs
Hong Kong SAR Gross Domestic Product (YoY) down to -8.9% in 1Q from previous -2.9%
Hong Kong SAR Gross Domestic Product (YoY) down to -8.9% in 1Q from previous -2.9%
Hong Kong SAR Gross Domestic Product (QoQ) declined to -5.3% in 1Q from previous -0.3%
Hong Kong SAR Gross Domestic Product (QoQ) declined to -5.3% in 1Q from previous -0.3%
EUR/USD flirts with daily highs near 1.0820 post-German GDP
The single currency has regained some composure and is now lifting EUR/USD back to the positive territory in the 1.0815/20 band, or daily highs. EUR/U
EUR/USD: Bears are far from having full control
EUR/USD Friday's four-hour chart is pointing to further falls below the broken support line, according to FXStreet’s analyst Yohay Elam. Key quotes “E