Blogs

Yep, EUR is peanuts in comparison to the strong US dollar.  ForexLive

EUR/USD falls to its lows for the day, testing the 100-hour moving average ForexLive The euro is seeing a further fall on the day, dropping to 1.0836 currently and is testing its 100-hour MA (red line) as euro area finance ministers fail to agree on a coordinated response to deal with the fallout from the […]

That would mark the deepest quarterly contraction on record – A typical week of confinement in March reduced economic activity by 32% – Estimates each two-week period of confinement to reduce annual GDP by 1.5% ForexLive

<p>US Treasury Secretary Steven Mnuchin said he’s asking the Congress to “secure an additional $250 billion for the PPPLoan program to make sure small businesses get the money the need.” The funding would be on top of the USD 349B in forgivable loans to small businesses enacted on March 27. Mnuchin also told bank CEOs [&hell

<p>South Korean President Moon Jae-in announced additional support to the economy as businesses and domestic demand devastated by the coronavirus pandemic. 36 trillion won of cheap loans will be available to exporters. Measures of 17.7 trillion won will be rolled out to boost consumption and domestic demands. The new measures are on top of th

<p>Dollar recovers mildly today as stock rebound somewhat lost momentum. In particular, DOW closed lower after gaining nearly 1000 pts overnight. Asian markets turned mixed despite rally in Nikkei. Investors could be awaiting the results of OPEC++ decision on production cuts before taking another move. Yen is following Dollar is the second st

The recent rebound in AUD/USD appears to have stalled as Standard and Poor’s cuts Australia’s credit rating outlook to ‘negative’ from ‘stable.’

Dow Jones, DAX 40 and CAC 40 short exposure has been rising alongside their recent gains. What can this mean for the outlook in global stock markets?

Gold prices well-supported as keeping interest rates ultra-low in response to the 2008 global financial crisis proves problematic for fighting the next one, the coronavirus outbreak.

The recent rebound in NZD/USD may end up being short lived as the Reserve Bank of New Zealand (RBNZ) expands its Large Scale Asset Programme (LSAP).