The Euro Area 1Q Gross Domestic Product (GDP) report may drag on EUR/USD as the update is anticipated to show the first contraction since 2013.
Blogs
Australian Dollar May Rise as Week Starts After Dow Jones Rallied
The Australian Dollar may pressure resistance after the Dow Jones rallied, opening the door for Asia Pacific equities to rise at this week’s onset which may leave the Yen vulnerable.
S&P 500, DAX 30 and FTSE 100 Forecasts for the Week Ahead
Economies are now beginning to re-open, however, the question remains as to what a post-lockdown world will look like.
Dollar Sinks as Sentiment Shifts – 27 April 2020
The US Dollar edged lower against most rivals during Monday trade as sentiment improved for higher risk currencies after some quarantine restrictions were eased in a number of countries, including Australia and Germany.
Fondex continues to keep the same competitive conditions for Oil trading – 27 April 2020
With oil having plunged into negative territory over the past few days, things seem to be uncertain, making the market more volatile than ever.
Forex Today: Coronavirus 1st Wave May Have Peaked in USA / Europe – 27 April 2020
Global stock markets are stronger on optimism that the first wave of the coronavirus pandemic may have peaked in most western countries.
Oil Prices Decline Even as Countries Slowly Reopen – 27 April 2020
U.S. WTI futures were down 9.09 percent as of 1:24 p.m. HKSIN to $15.40 per barrel and Brent crude futures were down 2.75 percent to $20.85 per barrel even as talks resumed in most countries about when and how to reopen their economies, a move which should, and could, increase demand for oil.
XRP/USD: Bullish Momentum Loss to Lead to Renewed Selling – 27 April 2020
Ripple has lost its second executive this year.
USD/ZAR: Double Breakdown Likely to Result in More Selling – 27 April 2020
Five stages of the South African nationwide lockdown protocol are implemented.