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<p>New Zealand Dollar is having completely different fortunate comparing to Australian Dollar, even though the country is a step in the lockdown exit. Divergence on RBA and RBNZ policy expectations is a key driver in the comparative moves. Westpac said in a report last week that RBA target cash rate would stay at currently 0.25% […]

<p>Australian Dollar has been the strongest one for the week so far, as the country is heading towards relaxation of lockdown rules. New South Wales Premier Glady Berejiklian announced today that, starting Friday, groups of two adults and their children are allowed to visit other households for social gatherings. Bondi Beach and two neighbori

<p>US stocks closed higher overnight on optimism that coronavirus lockdown is going to end soon, partially at least. DOW rose 1.51%, S&P 500 gained 1.47% while NASDAQ added 1.11%. WSJ reported that General Motors, Ford and Fiat Chrysler are targeting to resume some productions on May 18. The decision came after the executives’ meet

<p>Despite extended stock rally in the US overnight, Asian markets turned mixed. Renewed weakness in oil price is a factor weighing on sentiments, as WTI crude oil is down at 11 handle, threatening 10 handle again. Gold also dips below 1700 handle, as Dollar is trying to recover. For the week so far, Aussie remains […]

The Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday, Japan's financial system remains stable as a whole as banks have sufficient capital

The EUR/USD continued to lift higher on Monday, but found limited traction above 1.0850. Terence Wu, an FX strategist at OCBC bank, is still expecting

The AUD/USD pair has managed to rebound around 20-25 pips from session lows and is currently placed near the top end of its daily trading range, aroun

<p>Wall Street rallied yesterday as traders reacted to news that some states were starting to reopen. In New York, Governor Andrew Cuomo said that the state would start to reopen in phases starting from next week. The same trend is happening in other states like Texas and Alaska. As a result, the biggest winners in […]

<p>General Trend: Chinese Telecom Services and IT names decline in early trading as China moved to fast track IPOs on the ChiNext; US has placed new restrictions on exports to military buyers in China (press) HK bank earnings in focus (HSBC, ICBC, China Construction Bank, Agricultural Bank of China, Bank of Communications) Japanese equities d

<p>Bitcoin has started to pullback after buyers failed to move the number one cryptocurrency by market capitalization above the $7,800 resistance level yesterday. It is possible that the BTCUSD pair may have to move lower in order to attract fresh buying interest at a more attractive price. Overall, the BTCUSD pair is still expected to [&hell