The US Dollar rally continued as equities around the world slid the most since 2008. Crude oil tumbled about 30% as gold prices still suffered. Data out of the United States next week will start to…
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S&P 500, DAX 30, ASX 200 Forecasts for the Week Ahead
Global equity markets swung wildly last week as declines slowed in the latter half. With a material pullback in volatility, can risk appetite improve in the week ahead?
Forex Forecast and Cryptocurrencies Forecast
<p>First, a review of last week’s events: EUR/USD. The coronavirus pandemic continues to drive global markets. The oil wars between Saudi Arabia and Russia, which, of course, do not do without the active intervention of the United States, add to the nervousness. This country, whose shale oil is another target of attacks from Russia, may [&hel
Coronavirus: UK PM Johnson begins news conference
British Prime Minister Boris Johnson said on Sunday that the government now had to take special steps to protect the most vulnerable from the coronavi
Where are we in the cycle of market emotions?
These are dark times Global equities are down around 35% in a month and junk bond yields are at a 1000 bps spread, with investment grade sinking as well. These are dark times and we've gone from 'euphoria' to something much worse in record time.
A bit of good news for a change: Washington state bends the curve
A bit of hope The numbers in the US aren't looking good. As of Sunday morning there were at least 24,380 cases and that puts the US behind only Italy and China.
Avoid FX market relative fundamentals for now – MUFG
MUFG on the timeline for selling the US dollar MUFG Research discusses the current conditions of the FX market and notes that " Fundamentals will of course come more into play in time but only after the positioning stress is relieved and the extreme illiquidity problems subside. When that does happen and we may be […]
Coronavirus – Singapore to ban short-term visitors & through transit. 2 Australian states to shut down.
Updating a few COVID-19 developments in Asia. Singapore will not be allowing short-term visitors to enter or transit through: – and will limit the entry of work permit holders to those in essential sectors Australia's two most populous states, NSW and Victoria,
Swiss Franc is Falling Against the Greenback, Despite Dollar Supply Increase – 22 March 2020
The Swiss Franc has declined for four consecutive days against the U.S. dollar, dropping around 4.05 percent since Tuesday last week.
Trading Support and Resistance – 22 March 2020
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for Tuesday, March 23, 2020 here.