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...

Italy government signs off on 55 billion-euro stimulus package
Forex News

Italy government signs off on 55 billion-euro stimulus package

Following the clashes over a plan to grant temporary status to illegal immigrants along with concerns as to where find resources to cover some proposed measures, Italy’s government has finally approved a much-d...

US Senate passes $484 billion coronavirus relief package
Forex News

US Senate passes $484 billion coronavirus relief package

Early Wednesday morning in Asia, the US Senate passes $484 billion coronavirus (COVID-19) relief package to help small businesses, fund hospitals and availing more tests of the pandemic. Details suggested by th...

Japan’s economic stimulus package to be rolled out in two phases – Bloomberg
Forex News

Japan’s economic stimulus package to be rolled out in two phases – Bloomberg

The highly anticipated Japanese economic stimulus package to cushion the blow from the coronavirus pandemic is likely to be unveiled in two phases, Bloomberg reports on Monday, citing sources with knowledge of ...

Govt close to finalising the economic relief package
Forex News

Govt close to finalising the economic relief package

Fumio Kishida, Chairman and Policy Chief of Japan’s ruling party, Liberal Democratic Party (LDP) said on Monday, the government close to finalizing the economic relief package. He added that Prime Minister Shin...

AUD/USD ?? ????? ????? ?? ????????? – UOB Group
Forex News

AUD/USD drops 1.0% below 0.5900 as US Senate members jostle over the aid package

AUD/USD declines following the pullback from the weekly top. US Democrats show disappointment from the US bill, which could delay the final voting on the $2.2 trillion stimulus package. Coronavirus fears renew ...

NZ Trade Balance (December) recovers from $-4.85B to $-4.31B, NZD/USD mostly unchanged
Forex News

New Zealand announces nz$12.1 bln economic package in response to COVID-19

New Zealand announces NZ$12.1 bln economic package in response to COVID-19. Key notes Economic package accounts for 4% of GDP, larger than response to global financial crisis.NZ govt to invest nz$500 mln on hea...

government and RBNZ have scope to respond if needed due to virus
Forex News

‘Business continuity’ package to be announced Tuesday

New Zealand (NZ) ‘business continuity’ package to be announced Tuesday at 0100 GMT, said Prime Minister (PM) Arden on Monday. She said that the government will focus on jobs while adding that the pr...