USD/JPY ?????? ??????? ????? ??????? ??????????????
Fundamental Forex Analysis

USD/JPY keeps the red below 107.00 mark post-US data

USD/JPY met with some fresh supply on Friday and retreated further from over one-week tops. Worries over rising coronavirus cases benefitted the safe-haven JPY and exerted some pressure. The USD extended its co...

Fundamental Forex Analysis

AUD/USD remains confined in a range, moves little post-US macro data

AUD/USD struggled for a firm direction on Thursday and was seen oscillating in a range. The risk-off mood benefitted the safe-haven USD and kept a lid on the intraday bounce. Mixed US economic data failed to im...

USD/JPY ????????? ???????? ??? 109
Fundamental Forex Analysis

USD/JPY hits fresh 1-week tops and retreats, still comfortable above 107.00 mark

USD/JPY continued gaining traction for the second consecutive session on Thursday. The positive move was fueled by some strong follow-through USD buying interest. The USD bulls maintained their dominant positio...

EUR/USD ????????? ?? 1.1030
Fundamental Forex Analysis

When are the US durable goods orders and how could they affect EUR/USD?

US durable goods orders overview Thursday’s US economic docket highlights the release of durable goods orders data for May. The US Census Bureau is scheduled to release the monthly report at 12:30 GMT. Ha...

USD/JPY ?????? ??????? ????? ??????? ??????????????
Fundamental Forex Analysis

USD/JPY recovers further from 7-week lows, moves beyond mid-106.00s

A modest USD rebound assisted USD/JPY to gain some traction on Wednesday. Hopes of a V-shaped global economic recovery undermined the safe-haven JPY. A cautious mood around the equity markets might keep a lid o...

USD/CAD ??????????, ?? ?????? ??????????????
Fundamental Forex Analysis

USD/CAD struggles near session lows, holds above 1.3500 mark post-US data

USD/CAD drifts back into the bearish territory amid the prevalent USD selling bias. A goodish pickup in oil prices underpinned the loonie and exerted some pressure. The USD failed to benefit from rallying US bo...

CPI ???????? ? EUR/USD
Fundamental Forex Analysis

When are US monthly retail sales figures and how could they affect EUR/USD?

US monthly retail sales overview Tuesday’s US economic docket highlights the release of monthly retail sales figures for May, scheduled at 12:30 GMT. Following a record 16.4% drop in April, consensus esti...

Economy could shrink by up to 6% in 2020 amid coronavirus crisis
Fundamental Forex Analysis

Q2 economic output to decline much more sharply than in Q1

The German economy ministry was out with some comments in the last hour and said that the economic recovery will be gradual through the second half of 2020. Additional quotes: Easing of lockdown suggests we ha...

GBP/USD ?????????? ?? 1.2975 - UOB
Fundamental Forex Analysis

GBP/USD holds steady near 1.2600 mark, moves little post-UK data dump

GBP/USD finds some support near 100-day SMA amid a subdued USD price action. The pair had a rather muted reaction to a rather unimpressive UK macro releases. The upside is likely to remain limited, warranting s...

USD/JPY ???????????? ???????? – UOB
Fundamental Forex Analysis

USD/JPY flat-lined around 107.00 mark, moves little post-US data

A strong pickup in the USD demand extended some support to the USD/JPY on Thursday. A sharp pullback in the equity markets benefitted the safe-haven JPY and capped gains. The US PPI print and initial jobless cl...