Banks borrow $34.9 billion from its 1-week dollar funding
Fundamental Forex Analysis

BOJ likely to cut economic projections due to coronavirus – Bloomberg survey

According to the latest Bloomberg survey, the Bank of Japan (BOJ) is seen trimming its economic projections again next month due to the massive economic fallout from the coronavirus pandemic. Key findings “The ...

Outlook on the economic recovery remains uncertain
Fundamental Forex Analysis

Outlook on the economic recovery remains uncertain

Australia’s Council of Financial Regulators (CFR), in its latest report, said the outlook, including the nature and speed of the expected recovery, remains uncertain. Additional takeaways “Financial...

Govt close to finalising the economic relief package
Fundamental Forex Analysis

Japan Govt raises overall economic view in June for first time since January 2018

In its June monthly report, the Japanese Cabinet Office raised its economic assessment in June for the first time since 2018, as the economy is seen bottoming from the coronavirus impact. Key headlines “Althoug...

China's economic fundamentals remain sound
Fundamental Forex Analysis

China’s economic fundamentals remain sound

The People’s Bank of China (PBOC) Governor Yi Gang said in a statement on Thursday, the fundamentals of the economy remain sound. Yuan-denominated assets remain attractive due to relatively high yield gap with ...

Hard to understand yen, USD/JPY slips below 107.00
Fundamental Forex Analysis

Japan govt to make upward revision to its June economic assessment – Nikkei

According to the Nikkei Asian Review, the Japanese government is expected to announce an upward revision to its economic assessment in June, as cited by Reuters. Additional headlines “The government will make a...

Swiss govt sees economic recovery in H2 2020, barring more pandemic waves, strong containment measures
Fundamental Forex Analysis

Swiss govt sees economic recovery in H2 2020, barring more pandemic waves, strong containment measures

Switzerland’s State Secretariat for Economic Affairs (SECO) is out with its quarterly economic assessment report, with the key highlights found below. Sees economic recovery in the second half of 2020, barring...

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...

?????????????? ????????? ???????? ?????????? ???????????
Fundamental Forex Analysis

Economic reconstruction is absolute priority going forward

Reconstruction of the economy is an absolute priority in the coming months, said the French Finance Minister Bruno Le Maire on Monday. Additional comments “We can make savings regarding public spending.” “Worki...

The global economic outlook is highly uncertain
Fundamental Forex Analysis

The global economic outlook is highly uncertain

In its latest June Economic Projections Report, the Organization for Economic Co-operation and Development (OECD) underscored concerns over the global economic outlook in 2020, as the coronavirus pandemic has t...

??? ???????? ?? ????????? ?????????? ?????????????? ?????? ? ???
Fundamental Forex Analysis

China’s economic recovery isn’t yet strong enough to produce inflation pressures – Bloomberg

Following the releases of the Chinese Consumer Price Index (CPI) and Producer Price Index (PPI) data, Bloomberg analysts are out with their insights on the deepening deflationary pressures in the world’s top co...