The price action in the S&P 500 Index implies that the corrective rebound witnessed since the end of March has run its course and the next leg lower c
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USD/JPY: Decline to speed below 106.35
The USD/JPY pair is neutral-to-bearish and could accelerate its decline below 106.35, according to FXStreet’s Chief Analyst Valeria Bednarik. Key quot
EUR/USD Price Analysis: Upside still targets the 200-day SMA
EUR/USD’s decent recovery managed to briefly surpass the key 1.10 barrier on Friday, losing some momentum soon afterwards. A breakout of this initial
BNM could reduce rates further later this year – UOB
Bank Negara Malaysia (BNM) is expected to refrain from acting on rates at Tuesday’s meeting, although extra easing should not be discarded later in th
US Dollar Index Price Analysis: Interim hurdle aligns at 100.49
The recent downside momentum in DXY appears to have met moderate support in the 98.50 area for the time being. If the recovery picks up further pace,
USD/CHF sits near session tops, lacks follow-through beyond mid-0.9600s
The USD/CHF pair refreshed daily tops in the last hour, albeit lacked any strong follow-through buying beyond mid-0.9600s. The pair gained some positi
USD/CNH: Room for a move to 7.1650 – UOB
According to FX Strategists at UOB Group, USD/CNH could gather extra traction and retest the 7.1650 level in the next weeks. Key Quotes 24-hour view:
EUR/JPY Price Analysis: Focus is back to the 115.50 region
After failing to extend the bounce beyond the 118.00 neighbourhood in past sessions, EUR/JPY is now facing downside pressure and trades back below the
Japan Panel member: There are some positive signs as number of positive cases has fallen
Following the comments from the Japanese Prime Minister (PM) Shinzo Abe, a member from the export panel said that there are some positive signs as the
Gold Price News and Forecast: XAU/USD – The bias remains bullish
Gold edged higher during the early European session on Monday and is currently placed near the top end of its daily trading range, around the $1705-06