Blogs

The US Dollar fell despite the Dow Jones and S&P 500 erasing upside gaps as coronavirus deaths in New York and New Jersey rose the most over a day. Will USD regain lost ground?

USD/JPY and the Nikkei 225 are both reliant on risk appetite to drive gains. Critically, coronavirus cases look to be slowing in the west which may bolster investor sentiment.

EUR/USD  USD/JPY  USD/CAD  EUR/GBP ForexLive

Reuters reports, citing policy sources close to the PBOC – PBOC to ramp up policy easing – But debt worries mean that it won't follow the Fed into steep rate cuts and QE I would say that is not too surprising considering China's predicament and so far, their constant and massive amounts of liquidity injection […]

Bank of Japan  – even under current emergency situation, BOJ will take necessary steps to ensure economic stability – will scale back some operations, but will continue with necessary operations while closely cooperating with govt, financial institutions These statements from the BOJ refer to their operations under the state of

The People's Bank of China's mid rate for onshore yuan during the session ahead. The Bank permits trade plus or minus 2% from this rate only (moves beyond this band will be reined in by intervention).

Reserve Bank of New Zealand Assistant Governor Hawkesby in an interview: – urges banks to step up in corporate bond market  – buying LGFA should help corporate bond market  —

<p>New Zealand ANZ business confidence dropped to -73.1 in the April’s preliminary reading, down from March’s -63.5. Own activity outlook dropped sharply from -26.7 to -61.2. Export intentions dropped from -25.8 to -43.6. Investment intentions dropped from -14.4 to -50.2. Employment intention dropped from -22.5 to -53.8. ANZ said,

<p>Rating agency S&P kept Australia’s sovereign rating unchanged at AAA, but downgraded the outlook from “stable” to “negative”. The outlook was upgraded from “negative” to “stable” less than two years ago in September 2018, when the budget came close to balance. “The COVID-19 o

<p>The rallies enjoyed by equities around the world recently, look to be running out of steam for now. Wall Street and Asian stocks are giving back some of their previous day’s gains. Oil’s roller coaster ride continues ahead of the critical OPEC++++++ meeting on Thursday, that will hopefully set meaningful production cuts amongst producers a