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<p>On Tuesday, the USD/JPY currency pair tried to exceed the 108.50 level. During today’s morning, the pair was testing the resistance formed by the Fibo 38.20% and the 55-hour SMA near 107.90. If the given resistance holds, it is likely that some downside potential could prevail in the market. In this case the exchange rate […]

<p>Yesterday, the XAU/USD exchange rate declined to the 200-hour SMA near 1,575.00. During Wednesday morning, the rate reversed north from the given support. On the one hand, it is likely that the price for gold could recover from the recent drop. In this case the exchange rate would have to surpass the 55– and 100-hour […]

On Friday, the US March employment report is due. According to analysts at Wells Fargo, employment data won’t reflect the full-coronavirus outbreak. T

Massive sell-off in Indian equities and government bonds weigh on the rupee, explained analysts at MUFG Bank. They forecast USD/INR at 76.00 during th

AUD/JPY is trading at 65.06 and is down 1.36% on the day having travelled from a high of 66.35 to a low of 64.86. Thre are questions being asked over

Crude oil prices gained traction in the US afternoon and the barrel of West Texas Intermediate rose to a daily high of $21.20 but struggled to preserv

The EUR/USD fell to 1.0900, hitting the lowest level since last Thursday. Afterwards, it rebounded rising back to the 1.0945/1.0915 range. Near the en

"Today, we're witnessing the pandemic's stark effects on public health," Boston Federal Reserve Bank President Eric Rosengren said in his prepared rem

Markets hate uncertainty and volatility is here to stay, The US dollar is outperforming its G10 counterparts and the CAD is taking the brunt, weakenin

The USD/JPY pair dropped to its lowest level since March 18th at 107 on Wednesday but staged a modest rebound in the last hour on the back of broad-ba