Having failed to cross the monthly support-turned-resistance, USD/JPY drops to 106.60, down 0.10% on a day, ahead of Thursday’s European session. Even
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EUR/USD eyes April loss, focus on Eurozone data and ECB
EUR/USD is likely to end April on a negative note, as the German data is expected to show an uptick in the jobless rate, and the European Central Bank
GBP/USD: Pressured below 1.2500, focus on UK PM Johnson’s coronavirus briefing
GBP/USD extends pullback moves from 1.2430 to currently near 1.2465, down 0.05% on a day, while heading into the London open on Thursday. The Cable ea
Coronavirus update: Germany’s new cases continue to rise, new deaths drop
According to the German disease and epidemic control center, Robert Koch Institute (RKI), the number of confirmed coronavirus cases rose to 159,119, w
USD/IDR: Indonesian Rupiah draws bids, pushes pair below 15,000
The USD/IDR pair is trading below 15,000 for the first time since March 16. The Indonesian Rupiah is drawing bids and trading at multi-week highs a da
Gold Price News and Forecast: XAU/USD bear flag on 4-hour chart
Gold's bounce from the April 28 low of $1,690 has taken the shape of a bearish continuation pattern called bear flag, according to the 4-hour chart. A
USD/CAD Price Analysis: 50-day SMA guards immediate upside, 1.3860 in focus
USD/CAD nears two-week low, currently around 1.3878, during the pre-European session on Thursday. In doing so, the pair carries the breakdown of a sho
Oil demand may not recover to 2019 levels until end of 2021 – Morgan Stanley
Global oil demand my not recover to levels seen in the last quarter of 2020 until the final quarter of 2021 as countries will emerge slowly from the c
US Sec. of State Pompeo: China has not been forthright on the coronavirus outbreak
In an interview with Fox News, US Secretary of State Mike Pompeo said Thursday, China has not been forthright on the coronavirus outbreak. more to com
Gold Price Analysis: Bear flag on 4-hour chart
Gold's bounce from the April 28 low of $1,690 has taken the shape of a bearish continuation pattern called bear flag, according to the 4-hour chart. A