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, ...

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Fundamental Forex Analysis

Economy sees light at the end of the tunnel

Following the release of the final German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that the economy sees light at the end of the tunnel. Additional quotes “The business climate i...

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Forex News

AUD/USD refreshes monthly tops, eyes 0.6400 amid light trading

AUD bulls benefit from broad USD weakness, better market mood. Downbeat Chinese inflation, oil slump ignored. Eyes on US CPI data, coronavirus updates and G20 Summit. AUD/USD picks up fresh bids and refreshes...

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Forex News

Light at the End of the Tunnel – CIBC

Looking past the current funding crunch, the USD should go back on the defensive as markets become more in sync with Fed measures taken over the past few weeks, in the opinion of analysts at CIBC Capital Market...

Cautiously optimistic amid US-Iran de-escalation; Carney in focus
Fundamental Forex Analysis

China’s response to virus outbreak revives risk; a light session ahead

China’s transparency and the announcement of measures to counter the coronavirus outbreak calmed unnerved markets and revived risk appetite in Wednesday’s Asian trading. The Chinese stocks rebounded from YTD lo...