USD/JPY is retreating down from monthly tops as the spot is challenging the 200 SMA on the daily chart.
Blogs
AUD/USD leaps to fresh 10-day highs above 0.6100 on USD selloff
The AUD/USD pair gained traction in the last hour and added nearly 100 pips to touch its highest level in 10 days at 0.6156. As of writing, the pair w
GBP/USD hits fresh highs above 1.2400, USD recovery fades
The GBP/USD pair broke the 1.2305 resistance during the American session and rose further. It climbed to 1.2415, the highest level since March 16. It
Atlanta Fed's GDPNow falls to 2.7% from 3.1% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.7% in the first quarter of 2020, the Federal Reserve Bank of Atl
NY Fed's GDP Nowcast for Q2 2020 edges higher to 0.3%
The US' economy is expected to expand by 1.7% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed on
Gold: The multi-year high at $1,703.18 can be retested
The yellow metal has recovered nicely after plummeting in the last two weeks. Gold has room to retest the multi-year high at $1,703.18, in the opinion
EUR/USD Price Analysis: Euro bounces from session’s lows, nearing 1.1065 level
EUR/USD bounced sharply from the 2020 lows while challenging the main SMAs on the four-hour chart. This Friday the correction up seems to decelerate near the
AUD/USD: Coronavirus leading to fresh falls
AUD/USD surged over 10% from the bottom but still trades below levels seen earlier this month. Top-tier figures from the US, China, and Australia are
GBP/USD: Resumption of the downturn
GBP/USD late March's daily chart is pointing to a resumption of the downturn, according to FXStreet’s analysts Yohay Elam. Key quotes “The Relative St
Oil Outlook
<p>The Oil outlook remains under pressure as COVID-19 disruptions accelerates and with the <a href="https://www.spglobal.com/platts/en/market-insights/topics/opec-non-opec-supply-cuts">OPEC+</a> agreement in tatters. Just to remind you at this point that, other than pandemic disruption, at the beginning of March OPEC was