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Sterling Boosted by Opening Plans - 26 May 2020A weaker US Dollar in the overnight hours helped to boost the Pound Sterling which saw continued gains during London trade.
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German Exports and Consumer Sentiment Improves - 26 May 2020According to data released by the IFO Institute, German exporters' mood improved in May, which is an important advance given the previous month's...
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Forex Today: Bullish Stocks, Crude Oil, Risky Assets Strong - 26 May 2020S&P 500 trading above 3000 off-hours; Daily new confirmed coronavirus cases continue to ease; Coronavirus epicenter is in Latin America
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Oil Prices Jump as Reopening Continues - 26 May 2020Oil prices were broadly higher on Tuesday afternoon in Asia as traders remained optimistic that continued economic reopening in countries around...
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Dollar Struggles for Traction after Down Week - 25 May 2020The US Dollar continues to struggle on Monday following its recording of a loss for last week.
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Germany Enters Into a Recession On The First Quarter - 25 May 2020According to Germany's Federal Statistics Office, capital investments dropped 6.9 percent, followed by private consumption which contracted 3.2...
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Forex Today: Risk Appetite Remains Steady in Quiet Holiday Market - 25 May 2020Stock markets continue to rise despite US and UK holidays; Daily new confirmed coronavirus cases easing off again; Coronavirus epicenter is in...
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U.S.-China Tensions Weigh Markets - 25 May 2020Oil prices remained range-bound on Monday as traders remained concerned about the tensions between the United States and China.
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US-Sino Rift Worries FX TradeThe US Dollar is struggling to hold onto recent gains against its major rivals in early morning trade in Asia.
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Sterling Sinks after PMIBoth the Euro and the US Dollar gained ground against the Pound Sterling which was under pressure from the latest data and continuing speculation...
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Dollar Firms as China Tensions WeighThe U.S. dollar recovered some of this week's losses during Thursday's Asian trading session as lingering tensions between the United States and...
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Forex Today: Risk Appetite Slips as Global New Daily Coronavirus Cases Hit All-Time HighWHO reports highest daily number of new confirmed cases yet; Stock markets slip; U.S. Dollar bounces back; Coronavirus epicenter now in Latin America
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Knee Jerk Reaction to CPI Sends Pound LowerIn the United Kingdom, the Office of National Statistics reported earlier today that inflation hit a 4-year trough at 0.8%, below analysts'...
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Forex Today: Risk Appetite Remains Despite Coronavirus Vaccine CriticismS&P 500 Index closes down yesterday but regains in Asia; Gold and Silver strong again; U.S. Dollar weak everywhere; Coronavirus epicenter now in...
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Can a 50-30 Plan Help the Economy?A new study released by EU scientists modeled after the practices of 16 countries suggests that fifty days of strict lockdowns followed by 30 days...
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Pound Higher Despite Labor Data - 19 May 2020The Pound Sterling edged higher against its US and European counterparts and steadied in early Tuesday trading in London.
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Forex Today: Stock Market Powers Up on Coronavirus Vaccine Hope - 19 May 2020S&P 500 Index makes its highest daily close since 9th March; Gold and Silver come crashing back down; U.S. Dollar weakens.
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Vaccine Hopes Send Oil, Stocks Higher - 19 May 2020Asian markets were broadly higher on Tuesday afternoon, following steep gains on Wall Street as investors found renewed optimism
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Outlook Weighs on Sterling Trade - 18 May 2020The Pound Sterling remained close to a 2-month trough versus both the greenback and the Euro during London trade on Monday.
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ECB: Economy Won't Return to Pre-Crisis Level Before 2021 - 18 May 2020The European Central Bank’s Chief Economist, Philip Lane said that it's unlikely that the economy will come back to its pre-crisis level before 2021.
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Oil Crosses $30 Level for First Time in Two Months - 18 May 2020Oil prices touched higher than $30 per barrel for the first time since March as oil producers in the United States and other countries continued to...
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Forex Today: Gold Hits Record High - 18 May 2020Market updates for May 18: Gold makes a new 7-year high at $1762; stock markets recover; British Pound is weak.
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NZD/JPY: Will Safe-Haven Demand Spike and Force More Selling? - 15 May 2020New Zealand reported a collapse in its business PMI, but as the nationwide lockdown was eased, next month’s data is in focus.
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Dollar Gains Despite Data - 15 May 2020Despite dismal US data, the US Dollar was broadly higher in Asian trade, remaining close to a recently struck 3-week peak.
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GBP/USD Slides Below Key Level - 14 May 2020A stronger US Dollar and dismal economic data out of the UK helped to push the GBP/USD pair to below the $1.22 level in London trading.
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