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Fundamental Forex Analysis

Asia consumers remain cautious about spending – Citibank

The Citibank analysts assess the impact of the Asian consumer spending on the US economic recovery, in their latest client note. Key quotes “The consumer is far from firing on all cylinders in Asia, and I think...

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Fundamental Forex Analysis

Dollar jittery amid cautious optimism, eyes on German IFO, virus stats

Here is what you need to know on Wednesday, June 24: Cautious optimism emerged as the underlying theme in Asia, as the US dollar traded broadly subdued, with the bounce capped by the optimism over the global ec...

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Fundamental Forex Analysis

Antipodeans rally with Oil amid cautious optimism; US Q1 GDP, FOMC eyed

Optimism about progress on opening economies globally whetted risk sentiment in Wednesday’s Asian trading but investors remained cautious ahead of the key US Q1 GDP and FOMC decision. Also, the US-China conflic...

Cautious start to a big week ahead, Oil rout extends, coronavirus, lockdown news eyed
Fundamental Forex Analysis

Cautious start to a big week ahead, Oil rout extends, coronavirus, lockdown news eyed

Starting out a fresh week in Asia this Monday, the market mood remained cautious amid the continued rise in the coronavirus death toll globally while markets assessed the implications of the likely easing of th...

Cautious start to Q2, coronavirus crisis remain in play, focus on PMIs
Fundamental Forex Analysis

Cautious start to Q2, coronavirus crisis remain in play, focus on PMIs

The second quarter of 2020 kicked-off on a cautious note, as the risk sentiment remained tepid across the financial markets in Asia this Wednesday, with the coronavirus outbreak-led fears showing little signs o...

We are in first stages of coronavirus outbreak, must be cautious – Reuters news
Forex News

We are in first stages of coronavirus outbreak, must be cautious – Reuters news

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Cautious as China coronavirus spreads rapidly amid Lunar New Year holiday
Fundamental Forex Analysis

Cautious as China coronavirus spreads rapidly amid Lunar New Year holiday

The market mood remained fragile in Friday’s Asian trading, as a sense of caution prevailed amid concerns over the rapid spread of the China coronavirus outbreak globally, despite the Chinese authorities extend...

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Forex News

EUR/USD stays cautious near 1.1100 ahead of Payrolls

EUR/USD trades within a tight range around 1.1100. The 55-day SMA NEAR 1.1090 acts as key support. US Non-farm Payrolls expected to rule the sentiment later. The solid weekly performance of the greenback keeps...