GBP/JPY eases from tops, still well bid just below 136.00 mark
Fundamental Forex Analysis

GBP/JPY eases from tops, still well bid just below 136.00 mark

A combination of factors assisted the GBP/JPY to gain traction for the second straight session. Brexit optimism underpinned the pound; upbeat market mood weighed on the safe-haven JPY. Concerns over escalating ...

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Fundamental Forex Analysis

USD/CAD hangs near 2-1/2-month lows post-US/Canadian data, focus remains on Trump

A broad-based USD weakness prompted some fresh selling around USD/CAD pair. Friday’s US/Canadian macro releases did little to provide any meaningful impetus. The key focus remains on Trump’s reaction to China’s...

Remdesivir available to coronavirus patients this week, ‘We’ve donated the entire supply’
Forex News

US to allow states to distribute Gilead’s remdesivir to fight COVID-19

Reuters reports that the US Department of Health and Human Services (HHS) said on Saturday it shall allow state health departments to distribute Gilead Sciences Inc’s remdesivir drug to fight COVID-19. Key note...

Tory backbenchers want coronavirus lockdown eased soon
Forex News

We are establishing a new COVID alert system run by a new joint biosecurity centre

Reuters reporting on UK’s Prime Minister Boris Johnson lockdown statements today notes how the government is now setting out plans to begin gradually easing some of the measures which have shut down much ...

Coronavirus risks loom, USD bulls take a breather ahead of US Payrolls
Forex News

Scientists hail ‘groundbreaking’ discovery of antibody which prevents infection – SKY

As scientists from around the world rush to find a cure for the coronavirus, picking up on an article by SKY News, there is news of research into antibodies which target the SARS coronavirus and scientists have...

It is reasonable to expect schools to be shut until the end of this school year – Reuters News
Forex News

It is reasonable to expect schools to be shut until the end of this school year – Reuters News

Italy’s Prime Minister, Giuseppe Conte, has crossed the wires and has warned to respect social distancing rules of at least 1 metre in phase 2 with additional comments as follows: Key notes Italy pm Cont...

Coronavirus crisis doesn't change European priorities on Brexit negotiations
Forex News

Coronavirus crisis doesn’t change European priorities on Brexit negotiations

French European Affairs Minister Amelie de Montchalin said on Friday, coronavirus crisis doesn’t change European priorities on Brexit negotiations. No-deal Brexit would be an extra shock on top of the COV...

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Forex News

German coalition parties agree further measures to shield workers, companies from coronavirus impact

German coalition parties agree further measures to shield workers, companies from coronavirus impact. Key notes German package includes higher state transfers in short-time work scheme to cover up to 80% of los...

Cautious start to Q2, coronavirus crisis remain in play, focus on PMIs
Forex News

WHO chief urges US to reconsider funding, says ‘virus will be with us for a long time’

Reuters reports that the head of the “World Health Organization (WHO) said on Wednesday that he hoped the Trump administration would reconsider its suspension of funding, but that his main focus was on en...

Tory backbenchers want coronavirus lockdown eased soon
Forex News

Tory backbenchers want coronavirus lockdown eased soon

The BBC is reporting that there has been , “a ‘very tense’ meeting of senior backbench Conservative MPs,” that, “has heard concerns that the coronavirus lockdown could devastate th...