India to see U/L-shaped recovery; package execution key – Rabobank
Fundamental Forex Analysis

India to see U/L-shaped recovery; package execution key – Rabobank

Hugo Erken, Head of International Economics at Rabobank, said in its latest note, the Indian economy is likely to see a U/L shaped recovery rather than a V-shaped recovery. Key quotes “India’s economy cou...

EUR/USD ????? ?????????????? 1.1096 – UOB
Forex News

EUR/USD looks under pressure around 1.0800 ahead of key data

EUR/USD keeps gyrating around the key 1.0800 mark on Friday. Investors stay vigilant on the gradual re-opening of the economy. German flash Q1 GDP figures next of relevance in the euro docket. The selling bias...

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Forex News

EUR/USD steadies below 1.0800 ahead of Friday’s key data releases

EUR/USD looks to post losses for the second straight day on Thursday. Broad-based USD strength keeps bearish pressure on the pair intact. Eurozone and Germany GDP data will be published on Friday. The EUR/USD ...

Forex News

NZD/USD breaks 0.6000 as trade war risk amplifies ahead of the key day

NZD/USD bears attack one-week low following the latest declines. Trump administration keeps China on the gunpoint. Economic restart in focus, New Zealand could provide guidance on Level 2 alert. RBNZ inflation ...

AUD/USD ????????? ?? 3-????????? ?????????? ? ?????? 0.6850
Forex News

COVID-19 lockdown reversals key for global growth and for the Aussie – MUFG

Analysts at MUFG Bank assume the AUD/USD pair has hit a bottom but only a gradual move higher is likely until the coronavirus has been more clearly tackled on a global basis. Key Quotes: “The Australian dollar ...

AUD/USD ???????? ????? ??????? ????????? ???? 0.6830
Forex News

Moving higher after breaking above a key cluster of resistances – Credit Suisse

The market is expected to see further strength in the near-term, with 0.6687/6706 then expected to cap, according to analysts at Credit Suisse. Key quotes “We keep our short-term bias to the upside, whilst watc...

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Fundamental Forex Analysis

Coronavirus cure hopes keep risk buoyed despite US-China spat; ECB – key

Fed’s willingness to do ‘whatever it takes’ and hopes over the coronavirus treatment continued to buoy the risk tone in Asia despite fresh US-China tensions brewing up around the trade deal. The US dollar did f...

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Forex News

USD/CAD steadies near two-week lows below 1.3950 ahead of key US data

US Dollar Index stays in red for fourth straight day. WTI rebounds above $14 ahead of weekly EIA data. Coming up: US first-quarter GDP data and FOMC’s policy announcements.  The USD/CAD pair closed the f...

Slipping into recession in 2020 – Standard Chartered
Forex News

ASX 200 Index bulls taking the baton towards key resistance

ASX 200 Index moving higher within Fib channel towards 38.2% level. Aussie CPI supporting sentiment and the index.  Financial and energy sectors have been the top performers. The major US indices fell overnigh...

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Forex News

USD/CAD stays directionless near 1.4150 ahead of key US data

US Dollar Index continues to edge higher on Thursday. WTI gains more than 10%, trades near $16. Coming up: Weekly Jobless Claims and Markit PMI data from US. The USD/CAD pair failed to hold above the 1.4200 ha...