Blogs

The Dollar remains stuck in limbo as it searches for a clear direction following the wild Q1 swings; some levels to watch in a couple of major currency pairs.

US Dollar, Gold and Dow Jones respond to April 2020 NFP data that just crossed the wires, detailing a catastrophic rise in unemployment and plunge in nonfarm payrolls, as the coronavirus recession …

USD/MXN has been moving its way sideways for a while now, which after the Q1 rally appears to be bullish; but it needs to continue hanging in else view changes.

The energy market seems to have made its peace with what are likely to be some of the very worst US employment numbers on record. Hopes for gradual lockdown repeals have kept prices up.

The US Dollar eyes what promises to be abysmal jobs data, courtesy of Covid-19 having dropped amid bets on negative interest rates and cooling US-China trade tensions.

Australian assets didn't move much on a Reserve Bank of Australia Monetary Policy Statement which stuck to recent themes. Official US labor stats are coming up later, and markets are hunkered down …

EUR/USD appears to be reversing course ahead of the April low (1.0727) as the exchange rate snaps the series of lower highs and lows from the previous week.

The Canadian Dollar rose as an upbeat Thursday pushed Wall Street higher and weakened the haven-linked US Dollar. Asia Pacific stocks may rise, perhaps boosting the Australian Dollar.

The Japanese Yen and Nikkei 225 have been melting higher in recent weeks following their precipitous decline in February and March. With key barriers nearby, can they continue higher?

USD/CAD dropped 200-pips from its intraday high recorded the previous session as the US Dollar drives lower to test a major technical support level ahead of monthly nonfarm payrolls data due for re…