something interesting

<  BACK TO Market Analysis

FOREX Week Ahead

Improving European manufacturing balanced euro against dollar

The dollar is mixed against major pairs after a week where Fed speakers offered a mixed narrative. The majority of policy makers agree that the massive balance sheet accumulated during the quantitative easing program from the US central bank should start shrinking sooner rather than later. The point of debate remains the number of rate hikes in the horizon, with St. Louis Fed President James Bullard calling it “unnecessarily aggressive” and the CME FedWatch tool showing a 50 percent probability of a hike in December.

Flash manufacturing purchasing manager surveys boosted the euro on Friday with improvements in France, Germany and Europe overall. The German Ifo business survey released on Monday, June 26 at 4:00 am EDT could be inline with the perception of European recovery even as inflation struggles to gain momentum. The European Central Bank (ECB) forum will also kick off on Monday with plenty of speaking opportunities for President Mario Draghi. The European calendar will close with inflation data on Thursday and Friday expected with little improvement as the market ponders what the next move will be for the ECB before the end of the year which could include a rate hike, the start of QE tapering or both at the same time.

The US calendar will feature events like the release of core durable goods orders on Monday, June 26 at 8:30 am EDT. The Conference Board’s Consumer Confidence index on Tuesday, June 27 at 10:00 am EDT which is expected to have declined slightly from last month and the Final Q1 GDP release on Thursday, June 29 at 8:30 am EDT confirming the slowdown of the economy in the first quarter compared to the last two periods of 2016. Hopes for tax reform and infrastructure spending in 2017 have faded and with it the possibility of a 3 percent GDP growth this year putting downward pressure on the USD.

The EUR/USD gained 0.037 percent in the last five days. The single pair is trading at 1.1202 and will end the week near where it started on Monday. There was little in the way of economic releases that involved the pair. European manufacturing flash PMI data on Friday helped the EUR overcome the USD strength from Fed member comments suggesting the US central bank will raise the interest rate more this year. Economic fundamentals in the US have been questionable but the resolve of the Fed remains solid. Europe on the other hand is riding a wave of optimism form strong data and a reduction of political risk after the Emmanuel Macron victory in the French elections.

The last week of June will be devoid of major indicators with the spotlight once again directed at US political drama with only the German Ifo business climate survey to give insight into Europe.

The USD/CAD gained 0.275 percent on Friday. The currency is trading at 1.3263 after a disappointing CPI reading of 0.1 percent putting inflationary pressures at a slow pace. The soft inflation data reduced the possibility of a July interest rate hike by the Bank of Canada (BoC).

The loonie is being guided by X factors. 1)The price of oil has historically shared a strong correlation given the importance of the commodity as part of GDP. Oil prices have been weaker as low demand has been met with steady supply creating a glut. 2)NAFTA renegotiations are hovering over the currency as the Trump administration started the process in a combative mode. Three quarter of Canadian exports go to the United States and a change in that trade relationship would be significant on either direction. 3) Monetary policy winds have shifted starting the Fed. Single rate hikes per year in 2015 and 2016 have been followed by 2 rate hikes this year by the Fed putting the Fed funds rate in a 100-125 basis points. The BoC first put another rate cut off the table earlier in the year as the economy had a strong first quarter and hints of a continuation of the trend in the second quarter triggered the hawkish comments. Rising household debt could trump weak inflation as the central bank would rather introduce gradual change to avoid a sudden impact to Canadians.

The USD/CAD has gone from a high of 1.3350 to a low of 1.3220 after the 
BoC comments only to slowly climb back as Fed speakers have mostly been repeating the same comments. More rate hikes coming and a reduction of the balance sheet sooner rather than later. Only a few dovish members have strayed from those comments, and even then only walking back the aggressive rate hike path, but agreeing on the need to reduce the 4 trillion accumulated during its quantitative easing program.

‍The price of energy fell 4.184 percent in the last 24 hours. West Texas Intermediate is trading at $42.79 due to oversupply concerns. The weakness of the USD has kept the price of oil near the $42 price level, but growing supply from US producers has been offsetting the effect of the oil production cut extension between OPEC and other major producers.

Oil started the week around the $44.59 price level before losses accumulated on a daily basis and not even the drawdown of US crude inventories on Wednesday was enough to reverse the trend. Uncertainty about the stability of the Organization of the Petroleum Exporting Countries (OPEC) after the appointment of the new Saudi Arabia crown prince did not boost prices as OPEC members Libya and Nigeria have sorted their supply disruptions leaving the market still caught in a glut of crude.


Source: marketpulse.com

Improving European manufacturing balanced euro against dollar

The dollar is mixed against major pairs after a week where Fed speakers offered a mixed narrative. The majority of policy makers agree that the massive balance sheet accumulated during the quantitative easing program from the US central bank should start shrinking sooner rather than later. The point of debate remains the number of rate hikes in the horizon, with St. Louis Fed President James Bullard calling it “unnecessarily aggressive” and the CME FedWatch tool showing a 50 percent probability of a hike in December.

Flash manufacturing purchasing manager surveys boosted the euro on Friday with improvements in France, Germany and Europe overall. The German Ifo business survey released on Monday, June 26 at 4:00 am EDT could be inline with the perception of European recovery even as inflation struggles to gain momentum. The European Central Bank (ECB) forum will also kick off on Monday with plenty of speaking opportunities for President Mario Draghi. The European calendar will close with inflation data on Thursday and Friday expected with little improvement as the market ponders what the next move will be for the ECB before the end of the year which could include a rate hike, the start of QE tapering or both at the same time.

The US calendar will feature events like the release of core durable goods orders on Monday, June 26 at 8:30 am EDT. The Conference Board’s Consumer Confidence index on Tuesday, June 27 at 10:00 am EDT which is expected to have declined slightly from last month and the Final Q1 GDP release on Thursday, June 29 at 8:30 am EDT confirming the slowdown of the economy in the first quarter compared to the last two periods of 2016. Hopes for tax reform and infrastructure spending in 2017 have faded and with it the possibility of a 3 percent GDP growth this year putting downward pressure on the USD.

The EUR/USD gained 0.037 percent in the last five days. The single pair is trading at 1.1202 and will end the week near where it started on Monday. There was little in the way of economic releases that involved the pair. European manufacturing flash PMI data on Friday helped the EUR overcome the USD strength from Fed member comments suggesting the US central bank will raise the interest rate more this year. Economic fundamentals in the US have been questionable but the resolve of the Fed remains solid. Europe on the other hand is riding a wave of optimism form strong data and a reduction of political risk after the Emmanuel Macron victory in the French elections.

The last week of June will be devoid of major indicators with the spotlight once again directed at US political drama with only the German Ifo business climate survey to give insight into Europe.

The USD/CAD gained 0.275 percent on Friday. The currency is trading at 1.3263 after a disappointing CPI reading of 0.1 percent putting inflationary pressures at a slow pace. The soft inflation data reduced the possibility of a July interest rate hike by the Bank of Canada (BoC).

The loonie is being guided by X factors. 1)The price of oil has historically shared a strong correlation given the importance of the commodity as part of GDP. Oil prices have been weaker as low demand has been met with steady supply creating a glut. 2)NAFTA renegotiations are hovering over the currency as the Trump administration started the process in a combative mode. Three quarter of Canadian exports go to the United States and a change in that trade relationship would be significant on either direction. 3) Monetary policy winds have shifted starting the Fed. Single rate hikes per year in 2015 and 2016 have been followed by 2 rate hikes this year by the Fed putting the Fed funds rate in a 100-125 basis points. The BoC first put another rate cut off the table earlier in the year as the economy had a strong first quarter and hints of a continuation of the trend in the second quarter triggered the hawkish comments. Rising household debt could trump weak inflation as the central bank would rather introduce gradual change to avoid a sudden impact to Canadians.

The USD/CAD has gone from a high of 1.3350 to a low of 1.3220 after the 
BoC comments only to slowly climb back as Fed speakers have mostly been repeating the same comments. More rate hikes coming and a reduction of the balance sheet sooner rather than later. Only a few dovish members have strayed from those comments, and even then only walking back the aggressive rate hike path, but agreeing on the need to reduce the 4 trillion accumulated during its quantitative easing program.

‍The price of energy fell 4.184 percent in the last 24 hours. West Texas Intermediate is trading at $42.79 due to oversupply concerns. The weakness of the USD has kept the price of oil near the $42 price level, but growing supply from US producers has been offsetting the effect of the oil production cut extension between OPEC and other major producers.

Oil started the week around the $44.59 price level before losses accumulated on a daily basis and not even the drawdown of US crude inventories on Wednesday was enough to reverse the trend. Uncertainty about the stability of the Organization of the Petroleum Exporting Countries (OPEC) after the appointment of the new Saudi Arabia crown prince did not boost prices as OPEC members Libya and Nigeria have sorted their supply disruptions leaving the market still caught in a glut of crude.


Source: marketpulse.com

lastest Articles

Market Analysis
Forex Week Ahead – The final stretch
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed Preview: The dollar has room to rise on upbeat projections and the lack of stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD battles 200-SMA on 4H chart, US stimulus, Fed eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, Dollar depressed on vaccine, Brexit and US stimulus hopes, Fed in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: Manufacturing Sales rise by 0.3% to $54.1 billion in October
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD jumps to fresh session tops, further beyond mid-1.3300s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold recovers on US stimulus hopes, dollar off the highs, Brexit, vaccine news eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD trims gains and drops toward 1.2120
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Last full week of 2020 kicks off with Brexit and US stimulus optimism
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Deal or no deal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: ECB gives a boost to the euro, rally to run towards 2020 high at 1.2177
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Lagarde speech: Euro area economy is seen shrinking in Q4
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dual talks' deadlock weighs on markets ahead of expected ECB stimulus, FDA vaccine seal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine deployments, Brexit continue to rule the sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Rising Sino-American tensions curb vaccine and stimulus enthusiasm, Brexit eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Time for compromise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar bounces amid vaccine, stimulus concerns ahead of Nonfarm Payrolls
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Nonfarm Payrolls Preview: Another dollar’s disappointment underway
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD jumps to three-month tops, around 1.3440 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar remains on the back foot as two hopes clash with two concerns, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Further decline targets 90.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD’s rebound stalls below $1800 ahead of US data, Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New month, fresh market gains, PMIs, Powell's testimony and Brexit eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Lagarde: Fiscal package must not be delayed significantly
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Fakeout at 1.20? Why the euro may suffer a downward correction
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold melts, dollar declines, Brexit and OPEC headlines eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – We Go Again
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Five reasons to drag the pair down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bearish sign
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P: Major Aussie banks not at risk of downgrade amid pandemic
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New quarter, same market gloom as coronavirus spreads, critical US data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar Index: 2008/09 parallels point to sustained USD strength – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude prices rebound after tapping 18-year low
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD needs to hold onto support at 1.0972 to weather the dollar storm
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bearish pressure eased
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: King Dollar takes back the reins as coronavirus fears mount, oil slumps; eyes on German CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Virus Watch, China data to rebound while the world braces for pain, and why the dollar looks so vulnerable
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Will King Dollar be re-coronated after the plunge? Virus, consumer data, eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices Steady Despite Increased Coronavirus Stimulus Hopes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dumping extends, US coronavirus cases top China’s; US House vote eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Watching if bulls are able to capitalize the momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Pares Gains As Nervous Market Looks To US Jobless Claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR, JPY in the lead after Senate's stamp, ahead of horrible US jobless claims, BOE
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: The picture is improving
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Upside looks capped
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Senate strikes stimulus, stocks may sell the fact, dollar pressured, coronavirus data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500 futures jump 5% and hit the limit-up band of 2,333.50
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD bulls looking to extend the momentum beyond 1.1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD firmer above 1.0800 post-PMIs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: 35-year uptrend breached – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New week, same corona carnage, dollar down vs. majors, excels elsewhere, US Senate eye
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Tougher times ahead?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rallies further beyond $1500 mark, fresh session tops
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s stimulus package: Lagarde’s “Whatever it Takes” moment – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar takes a breather, coronavirus claims 10,000 lives, “quadruple witching” eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: BoC to keep the system running – RBC Economics
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: Several OPEC members calling for new action – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro at Risk Ahead of German IFO Data and SNB Rate Decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Still scope for a rebound… but when?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold slides further below $1500 mark, losing around 2.5% for the day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Base metals: Sign of weakening demand emerging – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Typical dead cat bounce ove
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices Slide Again As Coronavirus Prompts Cash Raising
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominant as markets bounce after Trump's recession talk, focus on fiscal stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoJ Governor Kuroda: Possible to deepen negative interest rates further
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Faced rejection near the 1.1200 round-figure mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Fed and BOJ to add more to the punchbowl, Virus disruption, and a fourth week of heightened volatility
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Fed to cut 100bps at its next meeting – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB: EUR/USD heading lower as looks for fiscal measures – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Wave of selling also hit the yellow metal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold surrenders early gains, back near $1640 level despite coronavirus-led jitters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump fails to reassure coronavirus-concerned America, stocks down, gold up, ECB eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Analysis Ahead of ECB Rate Decision and Lagarde Outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Pullback Fizzles Amid Speculation for More Fed Rate Cuts
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: GBP/USD tumbles as BOE surprises with 50bp cut to 0.25% ahead of UK budget
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Yen rallies hard as US stimulus doubts, coronavirus fears hit stocks, USD and yields
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD resuming rise amid doubts over US fiscal stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates after the coronavirus crash amid Trump's tax promises, Chinese hopes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Global shares plunge in worst day since financial crisis
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Monday mayhem, wild currency moves, Gold fakeout, oil -30%, amid coronavirus panic
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil Prices Crash 25% As Oil War Begins
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Time to Spring Forward
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Market volatility here to stay
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
The Fed could cut rates further at the March meeting – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold remains confined in a range, around $1640
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD flirting with daily highs around 1.1140
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD – Euro Rally May Just Be Getting Started vs US Dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Pres. Trump: Fed should ease and “cut rate big”
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Tenreyro: Important to highlight that we were not in a rush to raise interest rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Coronavirus update: First confirmed case in London, total infections in Iran at 1,501
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Price Analysis: Upside stalled just ahead of the 200-day SMA
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Central Banks, OPEC + and Governments prepare to cushion the coronavirus impact
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Markets not focused on Super Tuesday
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Vasiliauskas says extraordinary meeting may be called over coronavirus, EUR/USD off the highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Markets in freefall: Carney warns UK faces downgrade over coronavirus – latest updates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Schnabel: Coronavirus increased uncertainty about global growth outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD now looks to 1.0925 – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to gains near session tops, around $1650 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus clobbers markets, dollar on the defensive (for now), Bitcoin battered
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Outlook Somber as COVID-19 Threatens EU Corporate Debt
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613