Blogs

The West Texas Intermediate Crude Oil market has plunged during the trading session on Wednesday, as the markets have broken through the $20 level.

The gold markets have fallen a bit during the trading session on Wednesday, pulling back towards the $1732 level, before finding buyers to turn around and form a little bit of a hammer.

During today’s trading, the financial markets will be interested the economic agenda data, the results of which usually brings about changes in price movements.

Coronavirus crisis expected to weigh on mortgage and credit card lending. FTSE 100 eyes support.

GBP/USD continues to consolidate close to its recent highs but its uptrend remains in place despite some USD strength on safe-haven buying after very weak US economic data.

The Japanese Yen may rise if US jobless claims data continues to climb as the coronavirus wreaks havoc on the world’s largest consumer-driven economy and new epicenter of covid-19.

Gold prices started the session a little higher on increased fears about the economic impact of Covid-19, but they failed to hold those highs despite generally poor risk appetite.

USD/CAD may continue to retrace the decline from the yearly high (1.4667) as it breaks out of the

The Australian Dollar whipsawed on news of surprise March job creation when a big employment fall had been expected. The official survey period may miss the full impact of coronavirus.

The US Dollar may rise versus the Mexican Peso, South Korean Won and South African Rand as all three pairs flirt with trend-defining technical levels.