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

Japan’s exports dive 28.3% in May amid coronavirus, worst drop since GFC

According to a preliminary report by the Finance Ministry, Japan’s exports plummeted 28.3% in May vs. -17.9% expected and -21.9% last. The dive in exports marked the 18th consecutive month of decline and the st...

IBD/TIPP Economic Optimism Index drops to 47.8 in April from 53.9
Fundamental Forex Analysis

UK consumer confidence hits lowest since GFC due to coronavirus impact – GfK survey

According to the latest survey conducted by GfK, a polling firm, the UK consumer confidence hits a decade low in late May, the lowest since the Global Financial Crisis (GFC), as Britons remain worried about the...

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Forex News

German exporters’ morale falls to lowest since GFC – IFO survey

A survey conducted by Germany’s influential IFO institute showed on Thursday, the German exporters’ morale fell to its lowest level since the global financial crisis (GFC) likely due to the coronavirus pa...

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Forex News

EUR/GBP spikes to GFC highs as market runs to the US dollar

GBP crashes as a flight to safety sought out the bad apples and plies into the US dollar. COVID-19 fears is tearing through markets in a mass liquidation. The dollar squeeze is on and volatility is here to stay...