Volatility in the US Dollar and S&P 500 may be amplified in the coming days as Congress attempts to hammer out the details of a bipartisan fiscal stimulus package to counter the coronavirus.
NZD/USD RSI Sits in Oversold Zone as RBNZ Launches QE Program
NZD/USD struggles to preserve the rebound from late last week as the Reserve Bank of New Zealand (RBNZ) launches a Large Scale Asset Purchase programme (LSAP).
US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP
The US Dollar may rise versus the Singapore Dollar, Indonesian Rupiah and Malaysian Ringgit if capital flows out of ASEAN countries as key US data stokes the selloff in equities.
Gold Price Consolidates as RSI Fails to Push Into Oversold Territory
Recent developments in the RSI cast a constructive outlook for the price of gold as the oscillator appears to be reversing course ahead of oversold territory.
New Version 6.7 of Advanced Price Pattern Scanner Released
<p>New Version 6.7 of Advanced Price Pattern Scanner Released </p> <p>We have finally managed to release version 6.7 of Advanced Price Pattern Scanner.</p> <p>In the new version, you can display Price Pattern As support and resistance mode.</p> <p>The screenshot shows what is added in this new indicator. Yo
How to Use Forex Factory Free Trading Tools – The Ultimate Guide
<p>Trading is not an easy endeavor especially for new traders. It may seem like an easy way to earn money whenever new traders look at how professional traders grow their accounts. However, those who actually dabble in any tradeable market would know that the learning curve is not that easy. New traders would discover how […]
India halts stocks trading as Sensex slumps by 10%, triggers circuit breaker
A rough day for AxJ equities to start the week The only outperformer is the Nikkei, which is up by just over 2%, as Japan returns from the long weekend and the BOJ continuing to bolster the market by buying up ETFs.
Singapore core inflation falls for the first time in a decade
Deflation risks are going to be a concern in the aftermath of the virus outbreak ForexLive The market may be consumed by headlines surrounding the virus outbreak and global shutdowns, but one major issue that we will be faced with when all this is said and done is the fear of prolonged deflationary pressures across […]
Japan says not considering to cancel the Olympics at all
Comments by Tokyo 2020 director general, Toshiro Muto The logical step would be to postpone the event given current circumstances but we'll see what happens over the next month or so. But Japan has been adamant that they don't see a reason for the games to be called off altogether.