The European Commission is considering to allocate €100 billion to the EU-funded short-time work scheme, which was announced by European Commission Eu
Blogs
NZD/USD spikes to fresh daily high near 0.5970, quickly retreats below 0.5950
After trading in a narrow band near the 0.5900 during the early American session, the NZD/USD pair quickly rose to a daily high of 0.5967 in the last
AUD/USD spikes to 0.6185 but then retreats toward 0.6100
The AUD/USD jumped from 0.606 to 0.6185, hitting a fresh daily high and moving closer to the two-week high it reached yesterday at 0.6213. It quickly
Canada: PMI tipped firmly below the break-even level – RBC
The Canada Markit manufacturing PMI index fell to at least a 9 1/2 year low in March (46.1), Nathan Janzen, a Senior Economist at the Royal bank of ca
Gold: A little of its shine has been lost – HSBC
Gold was the first safe-haven to come under pressure during this period of severe market stress. Analysts at HSBC consider why the yellow metal was th
WTI drops to $20 area after EIA reports huge increase in US crude oil stocks
Crude oil prices came under renewed selling pressure in the last hour after the weekly report published by the US Energy Information Administration (E
Currencies: USD is not really a safe-haven – Natixis
The dollar has traditionally been a safe-haven currency. Its trade-weighted exchange rate, which is now appreciating, suggests that this is still the
USD/CHF Price Analysis: US dollar bulls nearing 0.9700 handle vs. Swiss franc
USD/CHF is rebounding from the 0.9500 level while challenging the 50 SMA on the daily chart. DXY (US dollar index) is gaining some ground vs. most of its rival
United States EIA Crude Oil Stocks Change above expectations (3.997M) in March 27: Actual (13.834M)
United States EIA Crude Oil Stocks Change above expectations (3.997M) in March 27: Actual (13.834M)
EUR/USD: Risk of a dip to 1.05 on a 3-month view – Rabobank
The EUR has weathered the recent storm reasonably well. Looking ahead, how EUR trades in the coming months could be closely linked with political deve