The US dollar has been going through a steady upward trend against the Swiss franc this week. The greenback extended its rebound from mid-April lows
Blogs
US Q1 GDP Preview: Expecting a decline of 1.2% – Wells Fargo
Next Wednesday, the first estimate of Q1 GDP data is due in the US. Analysts at Wells Fargo forecast a reading (q/q annualized) of -1.2%, below market
EUR/USD: Europe disappoints and flows to remain EUR negative for now – MUFG
Analysts at MUFG Bank, point out that many factors in place point to continued downside risks for the EUR/USD pair and for a test of the pair to the M
AUD/NZD Price Analysis: Testing key resistance and looking at the 200-WMA
The Aussie posted the third weekly gain in a row versus the kiwi. The upside bias is maintained but the AUD/NZD needs to break the 1.0650 area to clea
NZD/USD attempting to regain 0.6000
NZD/USD supported at 0.5975 consolidates around 0.6000. The New Zealand dollar fails to take advantage of a softer USD. The kiwi is likely to remain
Zero lower bound no longer applies to crude oil prices – Rabobank
"On Monday, the spot May-20 Nymex WTI contract, collapsed on the penultimate trading day prior to its expiration and settled at an unbelievable -$37.6
USD/JPY Price Analysis: Greenback going nowhere vs. Japanese yen, trades sub-108.00 figure
USD/JPY keeps trading in a tight range below the 108.00 figure and the main SMAs on the daily chart as market participants are looking for a clear direction.
WTI posts modest gains above $17 after Baker Hughes data
Crude oil prices rose sharply in the second half of the week and the barrel of West Texas Intermediate (WTI) gained 10% and 20% on Wednesday and Thurs
Nasdaq Price Analysis: Bulls eyeing the 9000 mark, bullish
Following the coronavirus-related crash, the Nasdaq is recovering sharply while trading above the main SMAs on the daily chart.
US Treasury Sec. Mnuchin: Administration considering option of taking stakes in energy companies
"It can be assumed that the Trump administration is looking at the US government taking stakes in energy companies as one option," US Treasury Secreta