AUD/USD is stabilizing yet still below the main SMAs on the daily chart as the bullish recovery originating from mid-March is taking a breather.
Blogs
EUR/PLN: Testing levels around 4.60 – Nordea
A cascade of easing measures along with a lukewarm global outlook are the reasons to keep a negative short-term bias on the PLN by analysts at Nordea.
EIA: US Crude Oil Stocks Change +15 million barrels in week ending Apr. 17
Commercial crude oil inventories in the United States increased by 15 million barrels in the week ending April 17th, the Energy Information Administra
UK PMIs Preview: The only way is down
Markit's UK preliminary PMIs are expected to fall in April. The pound may come under pressure even if the figures meet expectations, FXStreet’s analys
USD/CHF Price Analysis: Bulls await a sustained break through 100-DMA/descending trend-line confluence hurdle
The USD/CHF pair continued with its struggled to sustain/build on its momentum beyond the 0.9700 mark and seesawed between tepid gains/minor losses th
Saudi Arabia looking to reroute oil tankers if US blocks imports – Reuters
Saudi Arabia could reroute tankers bringing around 40 million barrels of Saudi oil to the United States if President Trump decides to ban crude oil im
USD/RUB: Gradual RUB comeback – Nordea
The RUB was rapidly recovering after the coronavirus-related sell-off in March. However, the recent oil price crash has shown that the RUB is still vu
Eurozone: Consumer Confidence in April drops to -22.7 vs. -19.6 expected
The Consumer Confidence Index for the eurozone in April slumped to -22.7 in its flash estimate from -11.6 in March, the data published by the European
NZD/USD surrenders a major part of its early gains to 0.60 mark
The NZD/USD pair failed to capitalize on its early uptick to the key 0.60 psychological mark and has now retreated to the lower end of its daily tradi
Wall Street opens higher led by rebounding energy shares
Wall Street's main indexes started the day decisively higher on Wednesday boosted by a strong rebound in energy shares and positive market sentiment.