<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 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>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>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

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

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

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

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

<p>The Eurozone single currency surged by 162 pips or 1.37% in value against the Japanese Yen on Tuesday. The currency pair breached the upper boundary of a dominant descending channel during yesterday’s trading session. Everything being equal, the EUR/JPY exchange rate will most likely continue its upside momentum. A breakout through t

<p>Global stocks rebound sharply as Democrats and Republicans agree on $2 trillion stimulus package But has the market truly bottomed, or is this another dead cat bounce? In FX, risk-taking is back – commodity currencies recover as dollar and yen retreat Is gold turning the corner? Epic turnaround for stocks Global markets staged a heroic [&h