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
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
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
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
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
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?
A closer look at the US dollar funding crunch
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
USD/JPY holding in bullish territories in the face of overcooked USD
USD/JPY is topping out in the 111 handle as the dollar loses steam and the pair falls into consolidation between 110.08 and 111.62. The US dollar has
US Tsy Sec. Mnuchin: Hoping to reach deal on virus bill tonight – FOX
Fox News reported that US Treasury Secretary, Steven Mnuchin, has said that they are hoping to reach deal on virus bill tonight. More to come
Gold Price News and Forecast: XAU/USD surges as the Fed announces unlimited bond-buying scheme
The metal is surging from the 2020 lows as the bulls are challenging the 1630 resistance level while above the main SMAs on the four-hour chart. A bre