Blogs

The recent USD/CAD sell-off continues with a series of lower highs driving sentiment. Near-term support is close but today’s FOMC meeting is likely to decide the next move for USD/CAD.

GBP/USD and the FTSE 100 are both benefiting from an easing of coronavirus lockdowns, hopes the epidemic may be near its peak and a rally in risk assets generally.

The US Dollar may rise if the FOMC rate decision and US GDP data put a premium on haven-linked assets amid concerns of a deep and prolonged virus-induced recession.

Asian stocks rose during the trading session on Wednesday, amid optimism about easing restrictions related to the coronavirus

During trading today, Wednesday, April 29, 2020, the financial markets will be interested in the announcement of the economic agenda data

Though it couldn't maintain momentum, the Pound Sterling had earlier moved higher against its US counterpart during London trade

The U.S. dollar headed lower during Wednesday's Asian trading session as investors shed the safe-haven currency on refreshed optimism

During yesterday's trading, crude oil prices fell sharply, then rebounded back and then stabilized after that, but the pressures remain.

The strength of the Japanese yen and the lack of momentum for the Euro to stop the collapse, pushed the EUR/JPY to retreat to the 115.52 support,

During the today’s trading, Wednesday, April 29, 2020, the financial markets and investors in the forex market are awaiting the announcement of the US economic growth figures