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Hi Forex Wiki Friend, Reversal Diamond v2.0 Description :   What is behind it? For those of you who have been trading for a while, you may very well have tested a variety of methods in order to catch tops and bottoms. Often these systems will advise you to follow a certain candlestick pattern based […]

Comments by UK PM spokesman, James Slack But the takeaway I guess is that the update is not pointing to anything worse. Then again, the silence among the UK press/media is a bit too still for what is usually a nosy bunch. So, make what you will of the recent headlines.

Pelosi, Schumer says will move to pass another bill with broader relief measures after Congress passes interim emergency coronavirus bill – To seek $250 billion in assistance to small businesses They also say that the proposed bill will seek additional support for families with a 15% inrease to the maximum snap benefit.

A tweet by EU chief Brexit negotiator, Michel Barnier Today, my team & I spoke to prepare the weeks ahead. Our work @EU_Commission continues, even though we are living through difficult times. Next Wednesday, I will speak to @DavidGHFrost to organise upcoming negotiation rounds. Barnier was tested positive for the coronavirus

Comments by New York mayor, Bill de Blasio – Now we have enough ventilators to get through the week – There is no question the virus is driving a spike in deaths at home ForexLive

Latest data from the Mortgage Bankers Association for the week ending 3 April 2020 –  +15.3% – Purchase index 185.9 vs 211.7 prior – Market index 718.2 vs 874.6 prior Although refinancing activity also dropped a little, purchases continue to dwindle further with the index falling to its lowest level since October 2015. Th

The dollar sees gains pull back on the session ForexLive AUD/USD has turned flat on the day, rising to 0.6170 after trading tepidly around 0.6130-50 with the greenback also seeing gains erased against the likes of the pound and kiwi too.

The firm says that the aussie can make strides against its G-10 peers Adding that as China reopens its economy, Australian trade will be helped as well. The other argument pointed out is more to do with valuation as they see the current levels of AUD/NZD and AUD/USD being too low, especially the former.

That brings the overall tally to 1,340 cases in Tokyo ForexLive

Further comments on the day by ECB governing council member Villeroy – Only major risks would justify more radical ECB tools – Inflation to stay very weak for a long time after the crisis ForexLive