AUD/USD: ????????? ???????? ????????? - 0.6765 – UOB Group
Forex News

Aussie clings to six-week highs as US GDP disappoints

AUD/USD bullish recovery stays intact as the US GDP contracts 4.8% in the first quarter The level to beat for bulls is the 0.6570 resistance.   AUD/USD four-hour chart   AUD/USD is trading in six-week highs as...

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Forex News

 Europe disappoints and flows to remain EUR negative for now – MUFG

Analysts at MUFG Bank, point out that many factors in place point to continued downside risks for the EUR/USD pair and for a test of the pair to the March low of 1.0636. Key Quotes: “The only agreement reached ...

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Forex News

EUR to strengthen further if ECB disappoints easing expectations – MUFG

Analysts at MUFG Bank, point out that the euro could appreciate if the European Central Bank (ECB) does not deliver easing measures.  Key Quotes: “The next key resistance level is provided by the intraday high ...

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Fundamental Forex Analysis

EUR/USD little changed after German Dec Industrial Production disappoints with -3.5%

German Industrial Production slumped by 3.5% MoM in December. German Industrial Production also plunged by 6.8% YoY in December. Industrial Production in Germany dropped more-than-expected in December, the off...

Rupiah remains pressured as Indonesia’s Q4 GDP disappoints with 4.97%
Fundamental Forex Analysis

Rupiah remains pressured as Indonesia’s Q4 GDP disappoints with 4.97%

USD/IDR holds the higher ground after Indonesia’s Q4 GDP misses estimates. Bank Indonesia’s (BI) intervention fails to support the rupiah. China’s coronavirus outbreak impact weighs on the economy. According...

USD/IDR drops back below 13,700 on upbeat Indonesian Trade data
Fundamental Forex Analysis

USD/IDR sits at 13-day tops above 13,700 after Indonesia’s annualized CPI disappoints with 2.68%

Indonesia’s annual inflation rate decelerated further in January, according to the latest data published by Statistics Indonesia on Monday. Indonesian January’s annual inflation rate dropped to 2.68% on the yea...

German IFO Business Climate Index disappoints with 95.9 in Jan, EUR/USD hits fresh lows
Fundamental Forex Analysis

German IFO Business Climate Index disappoints with 95.9 in Jan, EUR/USD hits fresh lows

German IFO Business Climate Index came in at 95.9 in January. German IFO Current Economic Assessment stood at 99.1 in January. German IFO Expectations Index arrived at 92.9 in January. The headline German IFO ...