Blogs

<p>NZD/USD does not seems to be benefiting from New Zealand’s planned lockdown lift and upbeat CPI data… Yesterday (April 20), the New Zealand dollar outperformed other major currencies against the greenback, gaining 0.2% compared with the prior session. New Zealand Prime Minister Jacinda Ardern said the coronavirus alert level 4

<p>STOCKS The plunge in the WTI Crude Oil prices yesterday is weighing on the equities. The global indices have declined yesterday. However, the indices have key near-term support which is likely to hold and keep the near-term bullish view intact. Dow has support near 23000 and DAX has at 10450-10400. Nikkei has dipped but is […]

<p>Key Highlights GBP/USD started a downside correction from the 1.2647 monthly high. A major bullish trend line was breached with support at 1.2565 on the 4-hours chart. The UK Claimant Count is likely to change 172.5K in March 2020, up from 17.3K. The price of US oil has turned negative for the first time in […]

<p>People who owned May WTI oil contracts were willing to pay someone $40.32 to take the oil. May Crude Oil WTI Futures traded down to -$40.32! Background A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future […]

<p>The Canadian dollar was under pressure against all of its major pairs on Monday as crude oil futures expiring in May plunged below Zero for the first time in history. Crude oil crash hurts the CAD The Canadian dollar was under pressure against all of its major pairs on Monday as crude oil futures expiring […]

GBP/USD Tuesday's four-hour chart is pointing to further losses for the cable, FXStreet’s analyst Yohay Elam informs. Key quotes “GBP/USD has slipped

USD/JPY remains within a broad trading range although a move higher should not be discarded in the short-term horizon, suggested FX Strategists at UOB

The new European Central Bank (ECB) executive board member Fabio Panetta said on Tuesday, Europe needs a joint fiscal response. Further comments Asymm

Traders added around 4.5K contracts to their open interest positions in Gold futures markets on Monday, reaching the second consecutive build in light

The Office for National Statistics (ONS) showed on Tuesday, The UK’s official jobless rate rose from the previous 3.9% to 4.0% in February, while the