GBP/USD is leaning lower in choppy trading amid the coronavirus crisis. The UK is readying a lockdown as Brits are flouting social distancing guidelin
Germany’s RKI Chief: Germany's infection curve could be flattening off
Germany's Robert Koch Institute (RKI) Chief Lothar Wieler said on Monday, “we are seeing first signs that exponential upward curve in corona infection
NZD/USD: Economic uncertainty is a major depressant the kiwi – Westpac
Surge in uncertainty has coincided with a plunge in the kiwi. Analysts at Westpac Institutional Bank expect further downside pressure on the NZD/USD p
SNB total sight deposits w.e. 20 March CHF 608.8 bn vs CHF 603.0 bn prior
Latest data released by the SNB – 23 March 2020 – Domestic sight deposits CHF 512.4 bn vs CHF 505.9 bn prior ForexLive The prior week's release can be found . The SNB certainly shows that they mean business as overall sight deposits climb quite considerably as compared to the rise in recent weeks, and […]
USD/CHF holds steady above mid-0.9800s, closer to multi-month tops
The USD/CHF pair quickly recovered around 75-80 pips from sub-0.9700 levels, albeit lacked any strong follow-through and remained capped below the Asi
BOJ buys another record JPY 201.6 bln ETFs, USD/JPY looks to reclaim 110.50
On Monday. the Bank of Japan (BOJ) bought yet another record JPY201.6 billion worth of Japanese stock exchange-traded funds (ETFs), Japan’s Finance Mi
USD/JPY: Watch for a break lower of 109.34 – TDS
The USD/JPY pair looks overvalued in the opinion of analysts at TD Securities and a move lower is expected. Key quotes “If USD funding pressures are l
AUD/JPY: Can Rise in Bullish Momentum Inspire Upside? – 23 March 2020
Australia announced its initial A$17.6 stimulus, an A$90 billion three-year funding facility created by the Reserve Bank of Australia
Eurostoxx futures -4.1% in early European trading
The pain train carries over to Europe in early trades – German DAX futures -3.8% – French CAC 40 futures -4.5% – UK FTSE futures -4.0% ForexLive Asian equities faced a torrid start to the week and the sour mood is carrying over to Europe as well. US futures hit limit-down very early in the […]
Goldman Sachs expects global real GDP to contract by about 1% this year
The firm continues with the doom and gloom scenario – Expects real GDP in advanced economies to contract very sharply in Q2 – That includes a 24% drop in the US ForexLive