Blogs

<p>For the 24 hours to 23:00 GMT, the USD rose 1.31% against the CHF and closed at 0.9764 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9775, with the USD trading 0.11% higher against the CHF from Friday’s close. The pair is expected to find support at 0.9739, and a […]

<p>For the 24 hours to 23:00 GMT, the USD rose 8.54% against the CAD and closed at 1.4156 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4201, with the USD trading 0.32% higher against the CAD from Friday’s close. The pair is expected to find support at 1.4110, and a […]

<p>For the 24 hours to 23:00 GMT, the AUD declined 13.20% against the USD and closed at 0.5993 on Friday. LME Copper prices rose 0.9% or $42.0/MT to $4,863.5/MT. Aluminium prices advanced 0.2% or $3.5/MT to $1,452.0/MT. In the Asian session, at GMT0300, the pair is trading at 0.6017, with the AUD trading 0.40% higher […]

<p>For the 24 hours to 23:00 GMT, Gold rose 0.81% against the USD and closed at USD1648.60 per ounce on Friday, following worse-than-expected US nonfarm payrolls data. In the Asian session, at GMT0300, the pair is trading at 1645.30, with gold trading 0.20% lower against the USD from Friday’s close. The pair is expected to […]

<p>For the 24 hours to 23:00 GMT, Silver declined 0.65% against the USD and closed at USD14.52 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 14.54, with silver trading 0.10% higher against the USD from Friday’s close. The pair is expected to find support at 14.40, and a […]

<p>Key Highlights EUR/USD failed to stay above the key 1.0980 support area and declined steadily. A key bearish trend line is forming with resistance near 1.0890 on the 4-hours chart. The US nonfarm payrolls declined 701K and the unemployment rate rose to 4.4% in March 2020. The Euro Zone Sentix Investor Confidence could increase from [&helli

<p>Coronavirus does bring out the morbid ghoulish side of the financial markets, with equities enjoying a bright start as the rate of deaths in Spain, Italy and New York fell. Hundreds of people are passing away each day from the pandemic, but less so than previous days, giving markets hope that that the lockdown measures […]

The SGD NEER stands marginally above the perceived parity (1.4414), with the implied USD/SGD thresholds moving higher alongside the USD strength, Tere

The USD/JPY pair added to its intraday gains and climbed further beyond the 109.00 round-figure mark, hitting over one-week tops in the last hour. The

In light of the recent price action, further pullbacks in AUD/USD appear likely in the near term, suggested FX Strategists at UOB Group. Key Quotes 24