The USD/CAD pair dropped to a daily low of 1.4020 in the early trading hours of the American session as rising crude oil prices helped the commodity-r
Blogs
USD/BRL surges to fresh record highs above 5.70 after Justice Minister Moro resigns
The Brazilian real came under strong selling pressure on Friday after Brazilian Justice Minister Sergio Moro announced his resignation citing politica
GBP/USD: Boris is ready to return and so is the pound
As April draws to an end and May kicks off, the British government's next steps regarding the shuttering of the economy will likely take center stage.
AUD/USD: Global clouds to befog the Aussie
The Aussie, a ‘risk’ currency, traded between optimism and pessimism, driven by volatile oil prices. Top-tier US events and Australian CPI figures are
Atlanta Fed's GDPNow unchanged at -0.3% for Q1
The real gross domestic product (GDP) in the United States is expected to contract by 0.3% in the first quarter of 2020, the Federal Reserve Bank of A
GBP/USD: Mixed indicators
GBP/USD late April's daily chart is painting a mixed picture, in the opinion of FXStreet’s analyst Yohay Elam. Key quotes “GBP/USD has been setting hi
Iraq: Facing a triple-whammy – Standard Chartered
Economists at Standard Chartered Bank expect 2020 GDP to contract by 7.5% (2.1% growth prior) on revival of OPEC++, non-oil weakness. USD/IQD is tradi
Weekly Round up with Stuart Cowell
<p><strong>US stock index futures are mildly higher</strong> following yesterday’s session that saw the indexes close with little change. Lingering disappointment over the efficacy of the anti-viral drug Remdesivir remains a headwind, even though the story from yesterday is in dispute. However, equities continue to take sola
UK Data Dives & Sterling Outlook
<h3>GBPUSD, H1 & Weekly</h3> <p>UK March retail sales dove <strong><span>5.1%</span></strong> m/m, the <em>largest decline in the series history</em>. The data captured some of the impact of the lockdown, which started on March 23rd and saw all non-essential retailing outlets close follo
AMEX: How could the limited spending affect the company?
<div> <header> <div><span>AMEX, Daily and Weekly</span></div> <div></div> </header> </div> <div> <p>American Express’ first Quarter earnings for 2020 will be reported before the US Market opens today. The consensus recommendation for the company is “strongly neutral̶