You gotta dance The most-famous line of the financial crisis came from Citigroup CEO Chuck Prince who said: "As long as the music is playing, you've got to get up and dance." His comment was about leveraged lending but it took on a life of its own and was attributed to mortgage lending, CDOs and […]
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GBP/USD to rise to 1.2500 in six months – Reuters poll
The yearly forecasts for the British pound are revised downward from a month ago due to the coronavirus pandemic, as revealed by the latest Reuters po
USD/JPY: Signs of recovery – Commerzbank
The US Dollar continues to show signs of strength as the USD/JPY pair has reached 108.00, Karen Jones from Commerzbank informs. Key quotes “We note a
AUD/USD hangs near weekly lows, just below mid-0.6000s
The AUD/USD pair struggled to capitalize on its Asian session uptick and is currently placed near the lower end of its daily trading range, around the
AUD/USD: Downside momentum still intact – OCBC
In the near-term, the AUD/USD pair is still effectively within recently established ranges. The key level is 0.6000, according to Terence Wu, an FX st
Spain Markit Services PMI below forecasts (25.5) in March: Actual (23)
Spain Markit Services PMI below forecasts (25.5) in March: Actual (23)
Oil: Any agreement on production cuts will have minimal impact – ANZ
Crude oil prices soared higher after reports major producers would cut production. Volatility in the oil market is likely to remain high as the market
USD/JPY: Short-term bottom in place? – UOB
In opinion of FX Strategists at UOB Group, USD/JPY could have charted an interim bottom around the 107.00 region. Key Quotes 24-hour view: “Our view f
JPY Futures: Room for a move higher
Open interest in JPY futures markets increased for the third consecutive session on Thursday, now by more than 1K contracts according to preliminary d
EUR/USD: All figures are pointing to losses
If the US struggles, the rest of the world suffers, and the dollar is demand, FXStreet’s analyst Yohay Elam reports. Key quotes “Leaders in the old co