Financial markets are fragile but remain functional
Forex News

Financial markets are fragile but remain functional

Financial markets are fragile but remain functional, Australian Prime Minister (PM) Scott Morrison said while speaking to reported on Friday. Additional quotes “Withdrawals from super not creating liquidity iss...

Forex News

USD/JPY bears attack 107.00 amid risk-off markets

USD/JPY fails to extend the latest recovery moves. Risk-tone heavies as Fed Chair acknowledged economic pessimism, President Trump reiterated favors for negative rates. Fears of trade wars, virus wave 2.0 also ...

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USD/JPY consolidates below 108.00 amid fresh challenges to US-China trade deal

USD/JPY retreats from the 13-day top. BOJ Summary of Opinions printed downbeat economic scenario, policymakers ready for action. Calls of removing virus-led restrictions also dominate in Japan. US President kee...

AUD/USD: ??????? ? ??????? ? 0.6810
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AUD/USD bears stepping-in as markets fear a spike in COVID-19 cases

Markets keeping a close eye on nations returning to work and the rise of COVID-19 cases. AUD/USD will trade as a proxy to how fast and cleanly the global economy can relax social distancing measures. AUD/USD...

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Bears keep the reins around 106.00, seven-week low, Tokyo open in focus

USD/JPY remains depressed near the multi-day low. Trade war fears, downbeat US data exert downside pressure, hopes of economic restart check the bears from time to time. Japan begins the trading week, no major ...

USD/JPY ???????????? ?????? 108.70
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USD/JPY consolidates losses below 107.00, Japan’s off limits the moves

USD/JPY snaps two-day drop amid mixed sentiment. US President Trump’s blame-game failed to get verification, virus antibody adds strength to risk reset. Japanese banks are off for Children’s Day. Followi...

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US-Sino tensions dented market’s mood

What you need to know on Tuesday, May 5th:  Risk aversion led the FX board on Monday, amid mounting tensions between the US and China. US President Trump Trump said that he has strong evidence that the coronavi...

Bears step in below 0.57 handle, US dollar marks up fresh highs
Forex News

NZD/USD registers three-day losing streak as US and China jostle over virus spread

NZD/USD drops over 0.50% during the initial hours of trading. US diplomats cite intelligence reports to allege China for the virus outbreak, the dragon nation considers them as a bluff. Gilead’s Remdesivir will...

AUD/USD ?????????? ? ?????????????? ????????? ??? 0.6800
Forex News

Bears attack 0.6400 as trade war fears spread faster

AUD/USD stays on the back foot around the one-week low. US President Trump, Secretary of State Mike Pompeo add fuel to the US-China trade war concerns. Gilead’s Remdesivir will be available to the coronavirus p...

NZD/USD retreats to 0.5800 area
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NZD/USD bulls catch a breath near six-week top above 0.6100, China PMI in focus

NZD/USD seesaws around multi-day high after marking five-day north-run. Broad US dollar weakness, risk-on favor antipodeans. New Zealand’s ANZ Business Confidence, China PMI become immediate catalysts, virus up...