The US dollar has been struggling in recent sessions due to some optimistic tones coming from news that some nations, including some US states, are on
Blogs
Oil prices will remain very low in 2Q20 but will recover in 2H20 – BBVA
According to the Research Department at BBVA, OPEC+ and G20 output deal to cut production won’t be enough to compensate for the expected decline in gl
S&P 500 on the bid as optimism lives beyond COVID-19 rising US cases
Global stocks have been starting out on the bid this week, riding a wave of optimism surrounding the easing of social distancing measures, getting bus
USD/JPY finds support near 107, recovers modestly
The USD/JPY pair started the week under modest selling pressure and dropped to its lowest level in more than ten days at 107.00. However, with the mar
EUR/JPY Price Analysis: Euro bears pressuring 116.05 level vs. yen, nearing 2020 lows
EUR/JPY stays under bearish pressure below the main SMAs (simple moving averages) on the daily chart as the currency cross is at a stone’s throw from 2020 lows
EUR/CHF hits two-week highs near 1.0580; deposits at SNB on the rise
The EUR/CHF rose on Monday from near 1.0500 and peaked at 1.0578, the highest level since April 9. As of writing, it trades at 1.0565, up 40 for the d
Gold Price Analysis: XAU/USD trading off 2020 highs, holding above $1700/oz
Gold is trading just below the 2020 high while holding well above the main SMAs (simple moving averages) on the daily chart, suggesting a bullish bias in the
EUR/USD erases gains as US dollar recovers some strength
The EUR/USD failed to break 1.0860 and pulled back. It is trading at 1.0819, the lowest since the Asian session as the greenback recovers ground acros
GBP/USD Price Analysis: Pound holds above 1.2400 figure vs. US dollar, bullish
The recent recovery remains intact as the quote is consolidating above the 1.2300 figure but below its main SMAs on the daily chart.
WTI drops below $13 on storage concerns
After posting strong recovery gains in the second half of the previous week, crude oil prices started the new week on the back foot amid concerns over