Outlook on the economic recovery remains uncertain
Fundamental Forex Analysis

Outlook on the economic recovery remains uncertain

Australia’s Council of Financial Regulators (CFR), in its latest report, said the outlook, including the nature and speed of the expected recovery, remains uncertain. Additional takeaways “Financial...

High frequency indicators show a tick up in economic activity, though it remains well below normal levels
Fundamental Forex Analysis

NZIER Consensus Forecasts shows growth outlook highly uncertain

According to the latest projections published by the New Zealand Institute of Economic Research (NZIER) on Monday, the NZ growth outlook remains at a risk of an even greater degree of uncertainty ahead. Key hig...

The global economic outlook is highly uncertain
Fundamental Forex Analysis

The global economic outlook is highly uncertain

In its latest June Economic Projections Report, the Organization for Economic Co-operation and Development (OECD) underscored concerns over the global economic outlook in 2020, as the coronavirus pandemic has t...

Economic outlook looks bleak, recovery still not in sight – Reuters poll
Fundamental Forex Analysis

Economic outlook looks bleak, recovery still not in sight – Reuters poll

The latest Reuters poll of economists showed that the US economic outlook is likely to deteriorate further, with no signs of recovery in sight until next year. Key findings “US gross domestic product was foreca...

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Forex News

EUR/USD keeps the mixed outlook unchanged – UOB

FX Strategists at UOB Group expect EUR/USD to remain within the broad 1.0730 and 1.0950 for the time being. Key Quotes 24-hour view: “EUR traded between 1.0799 and 1.0850 yesterday, lower and narrower than our ...

S&P affirms New Zealand's AA Ratings with outlook – Positive
Forex News

S&P affirms New Zealand’s AA Ratings with outlook – Positive

S&P Global Ratings, in its latest sovereign credit report on New Zealand (NZ), affirmed the economy’s AA rating and maintained a positive outlook. Key takeaways NZ fundamentals are strong, hence a positive...

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Forex News

Outlook improved and could test 1.2535 – UOB

In opinion of FX Strategists at UOB Group, Cable’s outlook looks positive and could attempt a move to the 1.2535 level in the next weeks. Key Quotes 24-hour view: “Our view for GBP yesterday was that it ‘could ...

Coronavirus damages India’s growth and fiscal outlook
Fundamental Forex Analysis

Coronavirus damages India’s growth and fiscal outlook

In its latest projections on the Indian economy, Fitch Ratings revised down India’s economic growth forecast to 0.8% in the fiscal year ending March 2021 (FY21). Additional takeaways Expect India’s growth to r...

Downbeat macro outlook to reinforce the bearish bias – TDS
Forex News

Downbeat macro outlook to reinforce the bearish bias – TDS

Economists at TD Securities think that the ECB has likely done enough, for now. The focus for the press conference will be on what the ECB has left in its toolkit and how likely it is to use those tools. Key qu...

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Fundamental Forex Analysis

World Bank downgrades outlook for developing countries in Europe, Central Asia

In an updated outlook published Thursday, the World Bank made sharp downward revisions to the growth outlooks for developing countries and emerging markets in Europe and Central Asia this year due to the corona...