Fiscal programs should be thought of as relief rather than stimulus meant to increase production in the second quarter, St. Louis Federal Reserve bank
Blogs
AUD/USD Price Analysis: Retreats from over 1-week tops, back below 0.60 mark
The AUD/USD pair trimmed a part of its early strong gains and retreated around 60-70 pips from over one-week tops set earlier this Wednesday. Given th
USD/INR New York Price Forecast: Dollar off all-time highs, trades near 76.00 figure
USD/INR is trading above the main weekly simple moving averages (SMAs) while trading near all-time highs. Exceptional USD demand should remain in place as the
Belgium Leading Indicator above expectations (-11.5) in March: Actual (-10.9)
Belgium Leading Indicator above expectations (-11.5) in March: Actual (-10.9)
Wall Street trades mixed as investors wait on details of $2 trillion stimulus deal
Wall Street's main indexes started the day in the positive territory on Wednesday but failed to gain traction as investors are waiting on the details
USD/CAD slides below 1.4350 as USD struggles to extend recovery
The USD/CAD pair failed to hold above the 1.4400 mark and fell sharply in the early trading hours of the American session on Wednesday. As of writing,
EUR/GBP offered, bounces off lows near 0.9050
The continuation of the buying interest in the sterling keeps the downside pressure well and sound around EUR/GBP, forcing it to drop as low as the 0.
USD/JPY sits near 1-month tops, bulls await a sustained move beyond mid-111.00s
The USD/JPY pair extended its sideways price action on Wednesday and is currently placed near the top end of a multi-day-old trading range, just below
Gold New York Price Forecast: XAU/USD consolidates gains, trades above $1600/oz
After a sharp drop at the start of the month, gold is rebounding up violently as this Monday the Fed announced its largest stimulus scheme.
EUR/USD: Unable to surpass a key resistance at 1.0840
The EUR/USD pair is unable to advance beyond a key Fibonacci resistance level at 1.0840, as FXStreet’s Chief Analyst Valeria Bednarik notes. Key quote