Blogs

The Bank of Canada (BoC) announced on Wednesday, it kept the key interest rate unchanged at 0.25%, as expected. Analysts at the National Bank of Canad

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

The EUR/USD pair erased half of the daily losses and is back above 1.0900. Earlier on Wednesday, it bottomed at 1.0855, the lowest level since April 9

COVID-19 hospitalization in the State of New York ticked down to 18,335, Governor Andrew Cuomo said during the daily press briefing on Wednesday. Cuom

WTI is under heavy pressure trading near multi-year lows as crude oil is at a stone's throw from the 2020 low at the 19.02 level.

Data released on Wednesday, showed industrial production dropped in March 5.4% affected by temporary lockdowns. Analysts at Wells Fargo, point out tha

The USD/MXN pair rose sharply in a few hours, from near the 23.30 support zone to 24.19 reaching the highest level in six days. As of writing, it trad

GBP/USD is dipping down while rejecting the 1.2600 figure and the 200 SMA on the daily chart.

Sam Woods, deputy governor of the Bank of England, said on Wednesday that they are at the beginning of a significant downturn in the economy. "Banks h

Following the Bank of Canada's decision to keep its policy rate unchanged 0.25%, Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilki