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Forex News

Pound tumbles to it lowest since October 2019 vs. US dollar

GBP/USD is trading in four-month lows, nearing the 1.2700 figure. GBP/USD could extend losses towards the 1.2657 and 1.2600 levels.    GBP/USD daily chart    GBP/USD is dropping below the 1.2800 figure and the...

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Forex News

USD/CAD hits highest since October

USD/CAD hits multi-month highs as oil takes a beating.  Investors are adding bets to position for gains in USD/JPY, options market data shows.  The Canadian dollar is on the offer in Asia and is powering gains...

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Forex News

Lowest level since October an opportunity

EUR/USD has lowered to levels not seen since October. With markets overdoing Non-Farm Payrolls forecast, an opportunity to buy may loom, Yohay Elam from NDDFX reports. Key quotes “Markets tend to exaggerate and...

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Forex News

To hold 9 negotiating rounds by October

On Monday, the European Union (EU) Chief Brexit Negotiator Michel Barnier reiterated that more than 10 months are needed to get an EU-UK deal. He said that both sides are likely to hold nine negotiating rounds ...

The US 10-year Treasury yield drops below 1.60% for the first time since October
Forex News

The US 10-year Treasury yield drops below 1.60% for the first time since October

The US 10-year Treasury yield drops below 1.60% for the first time since October. This was on a session whereby the concerns over the coronavirus again dominated financial markets amid a general risk-off enviro...