Thai economy to shrink by at least 5% this year, hit by coronavirus – World Bank
Fundamental Forex Analysis

Thai economy to shrink by at least 5% this year, hit by coronavirus – World Bank

In its latest report, the World Bank projected the Thai economy to shrink by at least 5% this year, in the face of the coronavirus pandemic. Key details “The economy will take more than two years to return to p...

US economy has hit turning point
Fundamental Forex Analysis

US economy has hit turning point

In an interview with CNBC late Wednesday, White House (WH) Economic Adviser Larry Kudlow offered an upbeat outlook on the US economy. Key quotes “The stock market is presaging an upturn in the economy.”  “Expec...

USD’s spike triggers mini-flash crashes, China PMI bounce boosts risk, a busy docket ahead
Fundamental Forex Analysis

Dollar hit by escalating US riots, risk-on mood; US ISM PMI in focus amid light trading

Here is what you need to know on Monday, June 1: The US dollar took a beating across the board starting out a new month/ week, as markets breathed a sigh of relief on the US’ softer stance on China. On Friday, ...

CPI ???????? ? EUR/USD
Forex News

Dollar hit by month-end fixing

What you need to know on  Friday,May 1st: Most markets will remain closed amid the celebration of Labour Day. The US will work as normal, as the country celebrates it in  a different date.  The ECB had a monet...

To tighten enforcement on self-isolation for citizens returning from overseas
Fundamental Forex Analysis

Real rate of unemployment is likely to hit 19% by the middle of 2020 – Goldman Sachs

Analysts at Goldman Sachs offer their take on the Australian labor market situation, in the face of the coronavirus outbreak. Key quotes “Australia’s effective unemployment rate is adjusted for hours work...

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Forex News

USD/JPY risk reversals hit two-month high

One-month risk reversals on USD/JPY, a gauge of calls to puts, rose to -2.17 on Tuesday to hit the highest level since Feb. 27. The options market metric bottomed out -11.10 on March 16.  The negative reading i...

Central banks using balance sheets in no way detracts from ability to hit inflation target
Forex News

Central banks using balance sheets in no way detracts from ability to hit inflation target

The Bank of England (BOE) policymaker Gertjan Vlieghe is on the wires now, via Reuters, delivering a speech titled “Monetary policy and the Bank of England’s balance sheet” on webcast. Key quotes Ce...

EUR/USD ?????????? ?? ??????? 1.1090
Forex News

EUR/USD remains flat even as bullish bets hit highest since June 2018

EUR net long positions hit two-year highs, but fail to bring in additional bids.  EUR/USD is sidelined at press time amid losses in the US stock futures. The buying interest in the single currency remains weak...

Risk hit, USD regains poise on Trump’s coronavirus warnings, US Jobless Claims eyed
Fundamental Forex Analysis

Risk hit, USD regains poise on Trump’s coronavirus warnings, US Jobless Claims eyed

Flight to safety still remained in vogue in the Asian session this Thursday, following the Wall Street slump triggered by President Donald Trump’s warning over the coronavirus situation in the US. The US dollar...

US coronavirus relief bill delay knocks down risk, US dollar
Fundamental Forex Analysis

Coronavirus to permanently hit global economic activity this year

In its latest special series ‘Credit Risks in Turbulent Times,’ Moody’s Investors Service said that the rapid spread of the coronavirus this month will result in a permanent hit to global econ...