Here is what you need to know on Monday, March 23: The constant increase in coronavirus cases and deaths, alongside the failure of US politicians to s
Blogs
GBP Futures: Room for extra recovery
In light of advanced data from CME Group for GBP futures markets, open interest reversed two consecutive pullbacks and rose by nearly 3.8K contracts o
EUR/USD recovery faces significant resistance at 1.0785 – Confluence Detector
EUR/USD has been recovering on Monday after succuming to King Dollar last week amid the coronavirus crisis. Can it extend its gains? It may hit limits
Japan’s Aso: Will consider compiling extra budget if needed towards coronavirus economic response
Japanese Finance Minister Aso came out on the wires in the last minutes, via Reuters, noting that the government will consider compiling extra budget
ECB’s Visco: Impact of coronavirus on Italian economy in 2020 will be high
In an interview with an Italian daily, the European Central Bank (ECB) Governing Council member and Italian central bank Head Ignazio Visco said that
EUR Futures: Further losses not ruled out
Open interest in EUR futures markets decreased by round 3K contracts on Friday according to preliminary figures from CME Group. Volume, in the same li
Forex Today: US coronavirus relief bill delay knocks down risk, US dollar
Risk-off trading returned in Asia starting out the week this Monday after the US equity futures and global stocks were sold-off into the US Senate’s f
Asian stocks pay a little heed to Japan’s NIKKEI amid coronavirus bloodbath
With the rising numbers of Airline cancellations and countrywide lockdowns, shares in Asia nosedive during the pre-European session on Monday. In doin
US Dollar Index Price Analysis: Sellers cheer pullback from 103.00
While extending its pullback from 103.00, flashed on Friday, the US dollar Index (DXY) drops to 102.06, down 0.28% while heading into Monday's European open.
RBA buys $2.3 bln of government bonds as part of its QE programme
As a part of its quantitative easing (QE) programme announced last Thursday, the Reserve Bank of Australia bought A$4 billion ($2.3 billion) in local