Gold looks geared up to recommence its meteoric rise, perhaps to new highs, following unprecedented news that the Fed looks to purchase an unlimited amount of US Treasuries.

The near-vertical breakout in spot USD/MXN price action keeps ramping higher as the US Dollar surges another 3% against the Mexican Peso. How much longer might the rally in USD/MXN last?

The Australian Dollar and stock market have suffered weeks of declines as the global economy grinds to a halt amid ongoing coronavirus containment procedures across the world, what’s next?

<p>Japan PMI Manufacturing dropped to 44.8 in March, down fro 47.8. That’s the lowest level since April 2019. PMI Services dropped sharply to 32.7, down from 46.8. That’s the lowest level since the start of the survey in September 2007. PMI Composite dropped to 35.8, down from 47.0, lowest since April 2011. Joe Hayes, Economist [&

<p>Australia CBA PMI Manufacturing was very steady in March, just dropped -0.1 to 50.1. PMI Services, however, tumbled sharply from 49.0 to 39.8. Hence, PMI Composite dropped from 49.0 to 40.7. CBA Chief Economist, Michael Blythe said: “The sharp deterioration in PMI readings during March underline the increasing impact of the coronavir

<p>Gold’s break of 55 day EMA now suggests that fall from 1703.28 has completed at 1451.16. Notable support was seen from 55 week EMA and above 1445.59 structural level. Nevertheless, such decline is just seen as the third leg of a medium term corrective pattern, to the whole rise from 1160.17. Therefore, while further rebound […

RBNZ announce a 30B bond buying program yesterday The RBNZ Orr is speaking on radio New Zealand and says The Monetary&nbsp;policy committee said that&nbsp;&quot;further monetary stimulus is needed to meet its inflation and employment objectives&quot; and they saw the need to launch this bond buying programme because financial condit

QE amounts from the Fed Buying every day to come this week&nbsp; I wonder if a down side of this is the US Congress perceiving they there fore have time and space to continue haggling over the fiscal response.&nbsp;

New Zealand&nbsp; Finance Minister&nbsp;Grant Robertson interview Tuesday – RBNZ Governor Orr is independent to conduct QE – RBNZ have a NZ$30b yprogram but can do more Monday saw QE operations from the RBNZ.

Reserve Bank of Australia&nbsp; Up from Monday's AUD 3.67bn injection ForexLive