The USD/JPY is approaching daily highs again, after finding support around 106.40. The pair peaked earlier after the beginning of the American session
Blogs
WTI goes into consolidation near mid-$25s, gains nearly 30% for the week
After dropping below $25 on Thursday, the barrel of West Texas Intermediate (WTI) pushed higher on Friday but failed to hold above $26. As of writing,
NZD/USD reaches 0.6145 and eyes two-months high at 0.6175
The New Zealand dollar’s rebound from Thursday’s lows at 0.5990 has extended beyond 0.6100 on Friday, to reach session highs 30 pips shy of April’s to
USD/CHF Price Analysis: US dollar down, challenges 0.9700 figure vs. Swiss franc
USD/CHF is trading down for the second consecutive day after rejecting the 0.9800 figure and the 200 SMA on the daily chart while testing the 0.9700 level and
USD/CAD extends losses sub-1.4000, approaching 1.3900
The USD/CAD maintains its negative bias for the second consecutive day and is on track to depreciate a 1.2% on the week, nearing the 1.3900 on Friday'
US: Federal Reserve to proceed with 2020 bank stress tests
The US Federal Reserve will proceed with 2020 bank stress tests and conduct additional "sensitivity analyses" to reflect "current economic and banking
Germany's DAX 30 Index: German stocks hold up well despite catastrophic jobs report – Bafin takes Wirecard under scrutiny
The German stock market closed the trading week with a slight plus, even though the unemployment rate in the USA rose to its highest level since the
USD/INR Price Analysis: US dollar retreats below the 76.00 figure vs. Indian rupee
USD/INR found some resistance near the 76.00 figure as the market is retreating down and testing the 50 SMA on the daily time frame. The spot is losing steam a
US: Expect another horrendous labor market report in May – Wells Fargo
The US economy destroyed 20.5 million jobs in April. Analysts at Wells Fargo point out the number of jobs fell by a record amount, and the unemploymen
Gold retreats from daily highs, steadies above $1,710
The XAU/USD pair is fluctuating in a relatively tight range on Friday and struggles to make a decisive move in either direction. As of writing, the pa