Indonesian rupiah rallies in sync with EM currencies
Fundamental Forex Analysis

Indonesian rupiah rallies in sync with EM currencies

USD/IDR refreshes three-month lows below 14,200.   Dollar offered into risk-on mood while EM currencies boosted. A minor corrective bounce on the cards ahead of US data? USD/IDR holds the lower ground near t...

GBP/USD ????? ????? ?????????????? 1.30
Forex News

Rallies could be seen as opportunities to enter shorts – TD Securities

According to analysts from TD Securities with the end-June deadline fast approaching, the pound could be in for a rough period ahead. They see little evidence these concerns are in the price at this stage and t...

USD/JPY: ?????????????? ?? ????????? ??????
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USD/JPY rallies further beyond 107.00 mark, 1-1/2-week tops

USD/JPY gained some strong traction for the third consecutive session on Monday. Improving risk sentiment undermined the safe-haven JPY and drove the pair higher. A pickup in the US bond yields revived the USD ...

EUR/USD ?????????????? ? ?????? 1.1060
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EUR Futures: Rallies look limited

Open interest in EUR futures markets shrunk for the second session in a row on Friday, this time by around 2.7K contracts according to preliminary figures from CME Group. In the same line, volume extended the c...

USD/CAD spikes to session tops, around mid-1.4100s in reaction to BoC’s surprise rate cut
Forex News

USD/CAD rallies back to 1.4200 neighbourhood amid broad based USD strength

USD/CAD caught some aggressive bids and built on the overnight bounce from 1.40 mark. A goodish pickup in the USD demand turned out to be a key factor driving the pair higher. A subdued action around the oil ma...

AUD/JPY a sell on rallies and COVID-19 optimistic positioning in markets
Forex News

AUD/JPY a sell on rallies and COVID-19 optimistic positioning in markets

The COVID-19 risk is a fluid situation and markets hate uncertainty, hence the bid in the yen. AUD/JPY gains could well be shortlived and sell-on rallies. We have a balanced risk profile and scenarios in play ...

USD/CAD spikes to session tops, around mid-1.4100s in reaction to BoC’s surprise rate cut
Fundamental Forex Analysis

USD/CAD rallies to multi-day tops, further beyond 1.4200 mark

USD/CAD gains traction for the second straight session amid some follow-through USD strength. Recovering oil prices did little to lend any support to the loonie or stall the pair’s positive move. Investors now ...

EUR/USD: ?????????? ?? ????????????? ??????????
Forex News

EUR/USD rallies on what could be the start of a major reversal

EUR/USD rallies as the US dollar gets taken down by the Fed’s surprise cut to zero ahead of schedule. Market to find relief that the dollar liquidity will be abundant, USD to be pressured on QE.  EUR coul...

US durable goods and consumer confidence data will garner attention on Tuesday – TDS
Forex News

Risk sold again on Trump’s EU travel ban, Yen rallies, oil crashes

Once again, the concerns over the coronavirus outbreak knocked-off the risk sentiment in Asia this Thursday, courtesy US President Trump’s sudden announcement of a temporary travel ban from Europe, in an effort...

EUR/USD ??????????????? ??????? ??? ?? ??????
Fundamental Forex Analysis

Sell the rallies amid coronavirus spread, poor fundamentals – Citibank

Analysts at Citigroup offer their view on trading the EUR/USD pair in the near-term, as coronavirus contagion spills over to Italy. Key quotes: “The euro is particularly vulnerable against the USD with a China-...