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United States Housing Price Index (MoM) in line with forecasts (0.3%) in January

South Korea Nikkei Markit Manufacturing PMI came in at 48.7 below forecasts (49.4) in February

"Coronavirus legislation deal reached in US Senate moves closer to America's workers," US House Speaker Nancy Pelosi said on Wednesday. Pelosi further

<p>Democratic and Republican leadership in the Senate have agreed to a substantial Phase 3 aid package, reported to cost $2 trillion. The bill is intended to help cushion the considerable economic toll the coronavirus pandemic is having on the country. The bill is reported to include the following measures. As final details have not yet [&hel

<p>The US Senate and White House reach FINALLY reached a bi-partisan fiscal stimulus deal worth an estimated $2 trillion.  The deal was reached at roughly 1:00am ET this morning, though traders have been expecting the agreement all day yesterday, as the DJIA rallied over 11% in its largest one day move since 1933. Source: Tradingview, [&helli

<p>The Australian dollar, New Zealand dollar and Canadian dollar powered higher in early trading on Wednesday. The ‘comdolls’ were lifted as fresh stimulus hopes boosted risk appetite and global equity markets rebounded. After US lawmakers reached a $2 trillion aid deal on Tuesday, the Dow rallied by 11%, marking its largest gain

<p>EURUSD recovered in recent sessions following an aggressive sell-off, but the bulls seem to be having trouble overcoming a downtrend line drawn from the March peak. The near-term outlook therefore remains negative for the time being, though a break above the downtrend line and more importantly above the 1.0890 zone, could turn it back to [

<p>The New Zealand Dollar has continued to decline in a descending channel pattern against the Japanese Yen since the beginning of March. The currency pair declined by 633 pips or 9.58% in value during last week’s trading sessions. The exchange rate is currently trading near a resistance cluster formed by the weekly R1 and the […

<p>The New Zealand Dollar has declined significantly against the US Dollar since March 10. The currency pair has declined by 614 pips or 7.07% in value during the past three weeks. Currently, the exchange rate is trading near a resistance cluster formed by the 100– and 200— hour SMAs and the upper boundary of a […]

<p>The USD eased against a number of its counterparts yesterday, with the exception of JPY and CHF as the risk sentiment seemed to improve in the markets. Nevertheless, rising coronavirus cases still tend to keep markets on edge and uncertainty at high levels. Spain recorded the sharpest rise in cases overnight as per media, while […]