Blogs

The gold markets have fallen a bit during the trading session on Tuesday, reaching down to the crucial $1600 level.

The West Texas Intermediate Crude Oil market initially rallied during the trading session on Tuesday to fill the gap from the Monday open.

New Zealand started planning for a post-Covid-19 economy. Finance Minister Robertson notes the country will require a massive nation-building program of infrastructure

The Australian Dollar has clawed back some of its March losses, but headwinds will persist ahead of next week’s RBA meeting that may see AUD/USD remain pressured.

Loonie is off more than 1.5% against the US Dollar but recent price recovery remains vulnerable. Here are the technical levels that matter on the USD/CAD price chart.

ISM manufacturing data for March crossed the wires at 49.1 percent marking the worst print since 2009 as covid-19 continues to shutdown the US economy

The precipitous fall in EUR/GBP over the last two weeks has seen the pair near an old trading zone which may slow down or provide support against ongoing negative sentiment.

New Month and Same Challenges Remain for Equity Markets. Bear Market Rally Unwind Puts S&P 500 and Dow Jones at Risk.

Tuesday’s sell-off candle is casting a bearish shadow on spot gold and with the US dollar picking up a bid again, lower prices may lie ahead.

The USD may rise vs the British Pound and Euro ahead of the release of PMI data from Europe and the US as both struggle to revive growth in coronavirus-afflicted economies.