Amid deeper global economic contraction-induced lower demand for oil products, Moody’s Investors Service downgrades near-term oil price forecasts for
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EUR/CHF Price Analysis: Trades above the 2020 descending trendline
EUR/CHF has breached the resistance of the trendline falling from Dec. 12 and March 26 highs and could revisit Tuesday's high above 1.06. The trendlin
Americans losing faith in what Trump says about the coronavirus – Reuters poll
According to a Reuters/Ipsos poll released late Tuesday, Americans have lost belief in US President Donald Trump’s recommendations on the coronavirus
GBP/JPY Price Analysis: Choppy inside short-term triangle below 200-HMA
GBP/JPY registers modest gains of below 0.10% while taking rounds to 132.90/85 during the pre-UK trading session on Wednesday.
USD/CNY risk reversals shed bullish bias
One-month risk reversals on USD/CNY, a gauge of calls to puts, fell nearly to zero on Wednesday to hit the lowest level in over a month. The gauge ros
USD/KRW Price Analysis: South Korean Won extends two-day winning run
South Korean Won is better bid for the third straight day on Wednesday and pushing the USD/KRW lower. At press time, the pair is trading around the 50
China parliament to hold annual meeting starting May 22 – Xinhua
China’s state-run Xinhua news agency reported on Wednesday, country’s parliament will start its annual meeting on May 22, over two months later than o
USD/IDR Price News: Indonesian rupiah clocks fresh six-week highs on Warijyo’s comments
The Indonesian rupiah extends the recent winning streak against the US dollar in Wednesday’s Asian trading, with USD/IDR now losing 0.10% to trade at
Gold rises after three-day losing streak as dollar weakens
Gold is flashing green at press time with the greenback, yellow metal's biggest nemesis, feeling the pull of gravity amid signs of risk-on in the glob
USD/CAD: Stays offered below 1.4000, near fortnight low, during pre-FOMC/US GDP period
USD/CAD drops further below 1.4000, currently near 1.3950, down 0.33% on a day, during the early Wednesday’s trading.