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...

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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Fundamental Forex Analysis

Japan business morale hits decade low amid coronavirus pandemic – Reuters Tankan Survey

The latest monthly Reuters Tankan survey showed on Wednesday, the Japanese business morale deteriorated further in May, as lockdown induced economic deadlock weighed down on the firms’ sentiment. Key findings “...

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Forex News

EUR/USD recovery hits resistance right below the 1.8085/95  area

  EUR/USD’s rebound from 1.0766 finds resistance at 1.0875. The euro regains lost ground although it remains weighed by concerns about ECB’s QE. Below 1.0760, the EUR/USD might extend towards 1.0635 – Credit S...

Japan April Consumer Confidence Index hits record low due to coronavirus crisis
Forex News

Japan April Consumer Confidence Index hits record low due to coronavirus crisis

A Japanese Cabinet Office survey showed on Thursday, the domestic consumer sentiment deteriorated sharply and was worst on record this month, dampened by the coronavirus outbreak and state of emergency. Key quo...

USD/CAD ????????? ????? ???????
Forex News

USD/CAD hits nine-day lows near 1.3950, as USD falls, WTI rebounds

USD/CAD erodes over 100-pips as risk recovery knocks-off USD. Oil-price rebound helps the CAD to recover ground. All eyes remain on US Consumer Confidence and API Crude Stocks data. USD/CAD is down over a b...

????? ?? ???? ??? 1.0970 ????????? – UOB Group
Forex News

EUR/USD recovery hits resistance at 1.0820

EUR/USD bounces up on dollar weakness, to reach 1.0820 high. Investors’ doubts about the EU stimulus package remain weighing on the euro. Longer-term, EUR/USD’s risk remains skewed to the downside –...

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Fundamental Forex Analysis

Eurozone Preliminary Manufacturing PMI hits a record low of 33.6 in April, EUR/USD re-takes 1.08

Eurozone Manufacturing PMI arrives at 33.6 in April vs. 39.2 expected. Eurozone Services PMI stands at 11.7 in April vs. 23.8 expected. The Eurozone manufacturing sector witnessed the sharpest deterioration e...

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Forex News

GBP/USD drops further, hits fresh two-week lows near 1.2250

Pound extends losses amid risk aversion, worst G10 performer. Cable is having the biggest daily loss in a month, and it heads for lowest since April 6. The recovery in GBP/USD was short-lived, and it resumed t...

AUD/USD: ????????? ???????? ????????? - 0.6765 – UOB Group
Fundamental Forex Analysis

AUD/USD hits fresh multi-week tops, bulls looking to extend the momentum beyond 0.6300 mark

AUD/USD continued gaining traction for the fourth consecutive session on Thursday. The weaker tone around the USD deteriorated further after terrible US jobless claims. Technical buying further seemed to have c...