EUR/USD has been trading in a narrow range. Optimism about eurozone coronavirus statistics and some hope related to the EU Summit point to the upside,
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IEA's Birol: OPEC+ may want to consider further output cuts
The OPEC and non-OPEC producers (OPEC+) may want to consider further output cuts to balance the oil market, International Energy Agency's (IEA) chief
EU official: 'Big divide' between member states on recovery aid – Reuters
In light of the ongoing clash over the European Union (EU) coronavirus recovery fund, an official with the bloc said on Wednesday, there is a “big div
Coronavirus: World economy to contract sharply by -2% in 2020 – Nordea
The Covid-19 pandemic has had a dramatic impact on economic activity. Economists at Nordea project the world economy to contract sharply by -2% in 202
Gold Price Analysis: Recaptures $1,700 and surpasses three technical hurdles, levels to watch
Gold has recaptured the $1,700 mark after trading below that level for several days. The market mood is mixed after a down day on Tuesday, with stocks
Kremlin: Need to analyze situation on oil market after new OPEC+ deal comes into effect
Kremlin: Need to analyze the situation on oil market after new OPEC+ deal comes into effect more to come …
WTI consolidates the slide to $10 mark ahead of EIA data
WTI (June futures on Nymex) stalled its recovery momentum and dropped as low as $10.29 in Asian trades. Since then, the prices have entered into a bea
EUR/USD: Showing a narrowing wedge
EUR/USD is trading in a narrowing triangle or wedge, with lower highs and higher lows, as FXStreet’s analyst Yohay Elam notes. Key quotes “The current
GBP/USD: Bearish death cross executed – Credit Suisse
GBP/USD has extended its rejection of its 200-day average and remains below its falling 55-day average, which have also completed a bearish ‘death cro
NZD/USD Price Analysis: Bulls challenge 100-hour SMA near 0.60 mark
The NZD/USD pair refreshed daily tops during the early European session, with bulls now looking to extend the momentum further beyond the key 0.60 psy