It's not an emerging market problem The FT's Clair Jones has a good report about the US dollar funding crunch. She highlights that conventional wisdom highlights emerging market borrowing in US dollars as the problem. The perception is probably there because that's where we always see problems when an EM currency sinks — like w
Blogs
Canadian Dollar Price Outlook: Loonie in Focus, USD/CAD Tests 1.4500
The outsized breakout in USD/CAD has finally calmed, with five straight days of resistance showing around the 1.4500 spot. But are bulls done just yet?
AUD/NZD: Pressured after RBNZ’s QE proposal, focus on New Zealand trade data
Following the RBNZ’s QE proposal, AUD/NZD drops to 1.0220 at the start of Wednesday’s Asian session. The pair earlier benefited from the market’s risk
AUD/USD Asia Price Forecast: Aussie rebounds from 13-year’s lows, challenges 0.6000 big figure
The aussie is rebounding from 13-year’s lows as the uptick in gold, relative USD weakness and the better stock market mood is helping AUD/USD picking up some
Oil holds in a phase of consolidation on $24 handle amid corrective markets
The price of oil on Tuesday has been better-bid in an otherwise bearish environment pertaining to the price wat and a COVID-19 economy, draining deman
United States API Weekly Crude Oil Stock dipped from previous -0.421M to -1.25M in March 20
United States API Weekly Crude Oil Stock dipped from previous -0.421M to -1.25M in March 20
Forex Today: Mood improves, Wall Street soars
Here is what you need to know on Wednesday, March 25th: It was all about risk appetite. Massive stimulus from the Fed announced on Monday led to sharp
The Bank of England announced activation of CTRF
The Bank of England on Tuesday announced the activation of an emergency liquidity measure in a Contingent Term Repo Facility, or, a CTRF, as it tries
USD/MXN retreats from record highs, remains near 25.00
The USD/MXN peaked during the Asian session at 25.44, reaching a new record high and then pulled back. The correction from the top found support at 24
Whitehouse Coronavirus Task Force will hold press briefing at 21:30 GMT
The Whitehouse Coronavirus Task Force will hold a press briefing at 21:30 GMT. More to come…