Blogs

The euro has staged a solid rebound on Friday, buoyed by a mild recovery of risk appetite. The EUR/USD has bounced up from 1.0727 lows to regain almos

Data released on Friday showed Durable Goods Orders tumbled 14% in March, more than expected. According to analysts at Wells Fargo, the only larger mo

US House Speaker Nancy Pelosi said on Friday that the next coronavirus response will be ready soon and added that there will not be a bill without the

Analysts at Rabobank, see the outlook for flows in and out of the USD as linked to confidence in emerging markets. They point out that when the market

The USD/MXN is rising on Friday, posting the fifth daily gain in a row. As of writing it trades at 24.87, the highest intraday level since April 6. Th

AUD/USD is stabilizing as the bullish recovery originating from mid-March is intact. The market is holding above the 0.6300 figure and the 50 SMA on the daily

EUR/JPY remains under bearish pressure below its main SMAs (simple moving averages) on the daily chart as the currency cross is printing fresh 2020 lows this F

XAU/USD's two-day rally from week lows at $1,661 hit on Tuesday has taken a breather on Friday, after hitting resistance area at $1,740. The 4-hour ch

The US economy is expected to contract by 7.8% in the second quarter of the year, the Federal Reserve Bank of New York's latest Nowcasting Report show

Commercial rents in Canada will be lowered by 75% in April, May and June with the Canadian government covering the 50% of reduction, Canadian Prime Mi