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<p>Many emerging market currencies (EMs) trade in the same direction as stocks.  That is, many of the emerging market currency US Dollar pairs trade inversely with stocks.  So, if stocks move lower, emerging market US Dollar pairs, such as the USD/MXN, USD/ZAR and USD/TRY will trade higher.  With stocks bouncing off the lows over the [&hellip

<p>May contract eyes single digits, June contract holds onto $22, Loonie(ruble and krone too) initially hit hard, Gold choppy start, stocks down on crude and testing shortfalls The big story to start the trading week was not the makings of another $500 billion coronavirus bill and definitely not that both Europe and the New York […]

GBP/USD has been holding in a relatively tight range on Monday between a low of 1.2416 and a high of 1.2499. Markets are sidetracked by the movements

Gold has started the week firmer after equities dropped and the US Dollar remains static. The price of the precious metal printed back above the USD 1

Gold is trading off the 2020 high while trading above the main DMAs (daily simple moving averages)  suggesting a bullish bias.

EUR/JPY remains under heavy selling pressure below the main SMAs (simple moving averages) on the daily chart as the currency cross is hovering near the 2020 l

Italy's Treasury expects the economy contracting by around 8% in 2020 amid coronavirus-related lockdowns, Reuters reported on Monday, citing two sourc

In their weekly strategy report, analysts at Citibank point out investors are concerned about US company earnings and economic outlook which increased

WTI May contract fall under $8, drops more than 50% on Monday, worst day ever. June contract holds around $22.00, down almost 10%. Crude oil prices re

EUR/USD is trading below the main SMAs on the daily chart as the spot remains confined within familiar ranges at the start of the new week.