The AUD/USD pair quickly reversed a mid-European session dip to the 0.5865 region and rallied around 60 pips in the last hour, back closer to the top
US Senate Majority Leader McConnell: Very close to a deal on economic package bill
US Senate Majority Leader Mitch McConnell noted lawmakers were very close to finalizing the coronavirus relief bill on Tuesday, as reported by Reuters
Indian PM Modi: India to go under complete lockdown for 21 days from Wednesday
Indian Prime Minister Modi has announced that a nationwide lockdown will be imposed for 21 days starting Wednesday to stem the spread of the coronavir
South Korea BoK Interest Rate Decision: 0.75% (March) vs previous 1.25%
South Korea BoK Interest Rate Decision: 0.75% (March) vs previous 1.25%
USD/CHF Price Analysis: US Dollar bounces from session’s lows, trades near 0.9800 figure
USD/CHF is consolidating gains for the third consecutive day just above the main SMAs. The Fed extended its Quantitative Easing program with a slightly negativ
USD/JPY extends recovery, closes in on 111.50
The USD/JPY pair gained traction during the American trading hours as the upbeat market mood made it difficult for the JPY to find demand as a safe-ha
UK & Sterling Briefing
<p>The UK was the latest major country to announce a strict lockdown, and while many governments have now adopted measures that encourage companies to keep on staff by subsidising pay during the time of restricted activity, there is still less support for the self-employed and freelancers and markets are still waiting for a co-ordinated move
USD/INR New York Price Forecast: Dollar consolidates gains near all-time highs vs. rupee
USD/INR is trading above its main weekly simple moving averages (SMAs) while navigating all-time highs. Above-average USD demand stays unabated as the Fed laun
S&P 500 futures hit limit-up band of 2,333.50
The risk-on party stays the course in the European morning Perhaps investors have already braced themselves after the at the end of last month but so far they are taking the unprecedented implosions in the PMI readings so far today in stride.
Cable climbs back to 1.1700 as dollar stays pressured
GBP/USD moves back above its 100-hour moving average ForexLive The major currencies bloc – except the yen – is starting to see a familiar pattern in trading against the greenback today as all dollar pairs have breached key near-term levels to sit in between both key hourly moving averages.