The Nasdaq 100 has re-entered positive territory for 2020 following a whopping 41% rally from the March lows.
Blogs
Canadian Dollar Price Outlook: USD/CAD Battles the Big Figure 1.4000
After a massive move in March, USD/CAD has spent the past month in a bout of mean reversion.
AUD/USD Price Outlook: US Dollar Reverses on Powell Speculation
AUD/USD price action edges lower as the US Dollar strengthens with Fed Chair Powell expected to comment on negative interest rate policy at a scheduled speech later this week.
FX Week Ahead – Top 5 Events: May RBNZ Meeting & NZD/USD Rate Forecast
The Reserve Bank of New Zealand meets on Wednesday, May 13 at 02:00 GMT; rates markets are pricing in a 12% chance of a 25-bps rate cut.
DAX 30 Forecast: Index Threatens Range Break Out, Awaits GDP
The DAX 30 has traded sideways since early April, establishing little progress in either direction. Trading near the topside of its range, can the index break out?
FX Week Ahead – Top 5 Events: April US Inflation Report & USD/JPY Rate Forecast
The April US inflation report (consumer price index) is due out on Tuesday, May 12 at 12:30 GMT, and the data are expected to show a sharp pullback in price pressures.
Markets Week Ahead: US Dollar, Crude Oil Prices, Dow Jones, Fed, RBNZ
The US Dollar trimmed gains as the Dow Jones and crude oil prices rallied into the weekend. Investors continue brushing aside the present for the future. In the background, the Fed is slowing the p…
Pound Higher ahead of Key Announcement – 12 May 2020
The Pound Sterling edged higher against the US Dollar in London trading but was lower against its European rival as Britain awaited announcements
UK to Announce Reopening Measures – 12 May 2020
The UK government is setting out the details on how to make workplaces safer now that the economy is reopening.
Forex Today: Slip Back into Risk-Off Mode – 12 May 2020
Market updates for May 12: Stocks fall; greenback rises, gold and oil consolidate