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<p>Markets are steadily mixed in Asian session today. US stocks rose notably overnight but major indices actually closed below Tuesday’s highs. No apparent follow through risk-on in seen in Asia too. Overall, Yen and Dollar remain the weakest ones for the week. Australian Dollar leads commodity currencies higher. Major focuses will turn

<p>As noted in the FOMC minutes for the March emergency meeting, the members agreed that economic situation has “deteriorated sharply” in light of the coronavirus pandemic. They were also in “strong support” of the measures to facilitate the flow of credit to households and businesses. Despite the consensus that “

<p>The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks surged +21.04 mmb to 1286.82 mmb in the week ended April 3. Crude oil inventory soared +15.18 mmb (consensus: +9.27 mmb) to 484.37 mmb. Stockpile rose in ALL PADDs. PADD 2 (Midwest) saw +7.36 mmb […]

DXY is trading in an uptrend above its main daily SMAs, although the greenback appears to be losing steam while trading near three-day’s lows just above the 10

According to analysts at Rabobank, the US dollar could continue to benefit on the coronavirus panic while the euro might suffer is Eurozone leaders fa

Gold has stuck to a tight range in the moments after the release of the Fed minutes, slightly bid on the session having travelled from low of $1,640 a

GBP/USD is consolidating the sharp rebound from the March lows while trading above the 1.2300 figure and the 50/100 SMAs on the four-hour chart but be

GBP/USD is trading at 1.2406 and between 1.2287 and 1.2420, higher on the day by 0.63% has reached a 61.9% Fibonacci retracement level and since movin

Crude oil prices rose sharply in the last hour as investors continue to react to developments surrounding the OPEC+ output cut deal. After spiking to

Analysts at Rabobank continue to favour the Japanese yen against the euro in the current environment. They see EUR/JPY falling below 114.00 in a three