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Late Friday, Italian Prime Minister (PM) Giuseppe Conte spoke to media and put rest to the recent chatter about the lockdown extension, as the coronav

A delegate from the OPEC and non-OPEC producers (OPEC+) talks was quoted by Reuters, saying that the talks with Mexico will continue on Saturday. The

The greenback erased parts of the gains made last week as the market trades below the 100.00 mark and stays above its main weekly SMAs suggesting that the bul

<p>U.S. Review Policy Moves Are More Important than the Data The Federal Reserve greatly expanded the collateral that it is willing to buy, further easing pressures in financial markets. While hiccups in implementing the Payroll Protection Program have been frustrating, the plan offers significant relief to small businesses that will lessen t

<p>OPEC++ agreed to a cut in oil production of 10 million bpd in principal, however, Mexico isn’t “all in” and may throw the deal into chaos.  European finance ministers agreed on a rescue package worth roughly $540 billion Euros. Will this be enough to support the fragile EU?  Stock markets are acting like the worst […]

<p>While parts of Europe are tentatively dipping their toes into a lighter form of a lockdown, with Austria planing to reopen businesses from next week and Denmark restarting schools, the pandemic is claiming a much higher toll in the US. Given that the US is a little bit behind Europe on the virus spread curve, […]

Delegate speaks A delegate from the OPEC+ talks is on the wires saying: There is hope.&nbsp; ForexLive

Forex futures positioning data for the week ending April 7, 2020 – EUR long 80K vs 74K long last week. Longs increased by 6k – GBP long 4K vs 5K long last week. Longs&nbsp;trimmed by&nbsp;1K Prior week

United States Monthly Budget Statement above expectations ($-150B) in March: Actual ($-119B)

USD/CHF is trading below the main SMAs on the daily chart as the spot is consolidating the last bullish up to the 0.9800 figure.