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<p>Key Highlights Crude oil price failed to surpass $27.00-$28.00 and declined recently against the US dollar. A major bullish trend line with support at $22.80 was breached on the 4-hours chart of XTI/USD. Conversely, gold price extended its rise and traded to a new multi-year high above $1,725. The US Retail Sales could decline nearly [&hel

<p>Last week, after several inter-meeting interest rate cuts by the Reserve Bank of Australia, the RBA left rates unchanged at 0.25% at their regularly scheduled meeting and said they will do nothing until employment increases and until they are confident inflation will rise to 2-3%. So basically, it’s in wait and see mode. Tomorrow, the [&he

<p>Despite (or perhaps because of) signs of coronavirus “curve flattening” in the US, the greenback is among the day’s weakest major currencies. Meanwhile, the Japanese yen is holding up relatively well for a traditional safe haven currency on a generally “risk on” day (stocks up, bond yields down, gold flat). A quick look at the […]

In opinion of FX Strategists at UOB Group, the upside momentum in AUD/USD could extend to the 0.6490 zone in the next weeks. Key Quotes 24-hour view:

Gold prices step back from the seven-year high to $1,726, down 0.10% on a day, while nearing the European markets’ opening on Wednesday.

While speaking to reporters on Wednesday, French Finance Minister Bruno Le Maire said that close to 60% of the French industry has restarted. Addition

According to flash data for JPY futures markets from CME Group, open interest increased for the third session in a row on Tuesday, this time by almost

The latest data published by the Bank of France showed on Wednesday, the country’s retail sales dived 24% in March when compared to the previous month

GBP/USD has extended its gains amid a better market mood and ahead of the UK's announcement about extending its lockdown. How is cable positioned? The

The Chairman of Eurozone finance ministers (Eurogroup) Mario Centeno told a newspaper conference on Wednesday, he does not rule out the use of eurobon