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EUR/AUD is comfortably above its long term average. Both Australia and the Eurozone are facing recession due to the coronavirus pandemic so Australia

United Kingdom 10-y Bond Auction climbed from previous 0.307% to 0.376%

South Africa Business Confidence Index declined to 89.9 in March from previous 92.7

The large ‘double-top’ for the DAX remains in place, but key long-term Fibonacci supports are holding, as analysts at Credit Suisse note. Key quotes “

<p>The New Zealand Dollar has been edging higher in an ascending channel pattern against the Canadian Dollar since the middle of March. The currency pair tested the 0.8550 area during last week’s trading sessions. Currently, the exchange rate is trading near the bottom border of the ascending channel pattern and could be set for a [&hel

<p>Since March 20, the New Zealand Dollar has surged by 8.56% against the Japanese Yen. The currency pair breached the 50– and 100– period SMAs during this week’s trading sessions. The exchange rate is currently trading near the 200– period simple moving average resistance level at 65.73. If the NZD/JPY pair breaks the 200– period [&hel

<p>The New Zealand Dollar surged by 75 pips or 1.27% against the US Dollar during the first part of Tuesday’s trading session. However, the exchange rate surrendered the gains by the end of the session. Most likely, the exchange rate will continue to edge lower during the following trading session. The potential target for bearish [&hel

<p>During the first half of Tuesday’s trading session, the Australian Dollar surged by 104 pips or 1.70% against the US Dollar. However, the currency pair yielded the earlier gains by the end of the session. Currently, the exchange rate is testing the 50– hour simple moving average support level at 0.6124. If the 50– hour […]

<p>The common European currency surged by 143 pips or 1.22% against the Japanese Yen on Tuesday. The currency pair tested the psychological resistance level at 119.00 during yesterday&#8217;s trading session. The exchange rate made a U-turn from the psychological level by the end of Tuesday&#8217;s session. Most likely, the EUR/JPY pa

<p>Euro surrenders some gains as EU fails to agree coordinated fiscal plan Besides euro, US stock futures also retreat on Eurobond disappointment Has the bear market rally gone too far? Oil crumbles as doubts about production cuts set in – even if they cut, it won’t be enough Eurobonds get a cold reception, euro struggles […]