This morning the RBNZ announced that it would conduct large-scale asset purchases of New Zealand Government bonds (‘QE’), following similar moves by g
GBP/USD: Failing to stage a significant recovery
GBP/USD is floating in a low range, failing to stage a meaningful recovery. Monday's four-hour chart is pointing to further losses, as FXStreet’s Yoha
US Dollar Index remains bid above 102.00
The greenback, in terms of the US Dollar Index (DXY) has started the week on a positive footing, managing to test the area of 2020 highs just below 10
RBNZ Launches QE
<p>General Trend: Lockdown measures by governments continue; AU and NZ announce lockdown measures; State governments in India announce lockdown of various cities across the country; NYC’s lockdown measures took effect on Sunday night at 8 PM Aussie banks drop over 8.5% amid decline in 10-year yields, Consumer Discretionary index drops over 9%
Markets Souring Further As The World Closes Down
<p>Market movers today Focus continues to be on the development of the coronavirus and policy responses. This week attention will also turn to more data on the economic impact of the virus. On Tuesday PMIs are due for release for the euro area and the US for March. Both are likely to show a very […]
New Zealand: RBNZ entries into the QE realm – TDS
The RBNZ officially announced its entry into the QE realm this morning, indicating it will begin large scale asset purchases of New Zealand Government
USD/CAD clings to strong intraday gains, around mid-1.4400s
The USD/CAD pair maintained its strong bid tone through the early European session and is currently placed near the top end of its daily trading range
EUR/USD trims gains and returns to 1.0700
After climbing to the 1.0770 region earlier in the session, EUR/USD has now come under some selling pressure and recedes to the area below the 1.0700
EUR/USD: The US support bill could push the dollar higher
US politicians' stance and the dire situation in Europe with the prospects of further economic strain may weigh heavily on the euro, according to Yoha
Hong Kong SAR Consumer Price Index below expectations (3.1%) in February: Actual (2.2%)
Hong Kong SAR Consumer Price Index below expectations (3.1%) in February: Actual (2.2%)