The UK economy will be hit hard by COVID-19. Economists at TD Securities take a look at the British economy outlook. Key quotes “We look for GDP to de
Blogs
EUR/USD: Further extensions lower in the coming sessions – OCBC
Depressed preliminary April PMI prints, and the failure of the EU to agree on a long-term fiscal plan should keep the EUR/USD heavy, in the opinion of
EUR/JPY: Bouncing further off April spike low at 115.73 – Commerzbank
EUR/JPY is seen bouncing off its current April spike low at 115.73, Axel Rudolph from Commerzbank reports. Key quotes “Rallies should find initial res
GBP/USD: Diminishing odds for a move lower – UOB
Cable’s outlook remains neutral and the probability of a move lower seems to be losing momentum, suggested FX Strategists at UOB Group. Key Quotes 24-
Gold: The question is if bulls can take out the wave high
Gold pushed higher but still needs to take out the previous wave high of $1747.82, according to FXStreet’s analyst Rajan Dhall. XAU/USD is down today
UK’s Hancock: Still too soon to change lockdown measures
The UK Health Minister Matt Hancock said on Friday, its too soon to change the lockdown measures. more to come …
US Dollar Index navigates weekly highs around 100.60
The greenback, in terms of the US Dollar Index (DXY), keeps its relentless march north at the end of the week with the immediate target at the 101.00
Breaking: GBP/USD drops towards 1.2300 after monthly UK Retail Sales miss estimates with -5.1% in March
GBP/USD drops towards 1.2300 after monthly UK Retail Sales miss estimates with-5.1% in March more to come …
AUD/USD Price Analysis: Refreshes intraday low under 0.6350, 200-HMA in focus
AUD/USD drops to the intraday low of 0.6338, currently down 0.40% on a day to 0.6344, while heading into the European open on Friday. In doing so, the
Gold Price News and Forecast: XAU/USD recapturing $1,727 critical to the upside
Gold has been taking two steps forward, one step back as the week draws to a close. How is it positioned on the technical charts? The Technical Conflu