Blogs

Analysts at Natixis look at the structural changes to economies that the coronavirus crisis is likely to bring about in the medium-term. Key quotes “M

Amid a renewed US dollar buying wave seen across the board, USD/JPY broke the Asian consolidative phase to the upside, as the bulls looked to regain t

In opinion of FX Strategists at UOB Group, USD/JPY could attempt a move higher although it is seen within the broader 107.00-109.00 range. Key Quotes

<p><strong>Oil currencies have come under pressure</strong> concomitantly with crude prices hitting 21-year lows, while most Dollar pairings and associated crosses have been trading in comparatively narrow ranges amid a backdrop of sputtering stock markets.</p> <p>Most of the main Asian equity indices are showing losse

<p>WTI crude slumped below $15 a barrel and pulled the energy-heavy ASX 200 more than 1% lower in Sydney, as the week kicked off on a mixed note elsewhere in Asia.</p> <p>Gold legged down to $1670 an ounce despite mixed sentiment in Asia.</p> <p>In the FX, the oil currencies were under the pressure of falling […

<p>Stocks in China treaded water as the People’s Bank of China (PBoC) cut its key rate by 20 basis points to a record low of 3.85% as expected. This is the second time the PBoC cuts its key rate this year, and moving forward, Chinese authorities will stand ready to give the support the market […]

<p>Pivot</p> <p>&nbsp;(invalidation): 24.90 </p> <p>Our preference</p> <p>Short positions below 24.90 with targets at 22.70 &amp; 22.10 in extension.</p> <p>Alternative scenario</p>