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Fundamental Forex Analysis

Swiss Real Retail Sales rebound 8.8% YoY in May vs. -18.8% previous

According to the latest data published by the Swiss Federal Statistical Office showed on Tuesday, the country’s retail trade rebounded sharply from the coronavirus-imposed lockdown driven previous fall. Switzer...

Must brace for more hard news to take
Fundamental Forex Analysis

Australia’s Preliminary Retail Sales rebound 16.3% in May, AUD/USD picks up bids

Australia’s consumption, as represented by Retail Sales, rebounded sharply in the month of April, the Australian Bureau of Statistics (ABS) reported on Friday. The retail sales arrived at +16.3% month-on-...

USD/JPY: ?????????????? ?? ????????? ??????
Forex News

Rebound remains capped below 106.50 ahead of US NFP

USD/JPY bulls torn between risk-on and weaker US dollar. US-China trade talks add to the upbeat market mood. US NFP in focus, with the worst figure seen since 1929. Having failed several attempts to sustain ...

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Fundamental Forex Analysis

Economy to rebound in Q3 2020 amid business reopenings

The US economy is likely to rebound in the third quarter, brushing away the devastating effects of the coronavirus pandemic, said US Treasury Secretary Steve Mnuchin in an interview with Fox News Sunday. Key qu...

Economic contraction woes outweigh Oil rebound, eyes on German IFO
Fundamental Forex Analysis

Economic contraction woes outweigh Oil rebound, eyes on German IFO

Forex today in Asia was a quiet affair this Friday, with most majors stuck in tight ranges while the US dollar showed a bit of a strength broadly amid a tepid market mood. The Asian equities traded mostly lower...

Expect a strong rebound in Q3 GDP
Fundamental Forex Analysis

Expect a strong rebound in Q3 GDP

Italy’s Economy Minister Roberto Gualtieri said on Thursday, he expects a strong rebound in Q3 GDP. He added that he sees a significant growth next year. His comments come ahead of the all-important Euro area F...

Economy well placed to rebound from virus
Forex News

Economy well placed to rebound from virus

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EUR/USD ?????????? ?? ??????? 1.1090
Forex News

Rebound still seen reaching the 1.0990 area

EUR/USD has come under selling pressure above the 1.0900 mark. Immediately to the upside now emerges the 1.0990 barrier. EUR/USD’s upside momentum managed to surpass the 1.09 level on Tuesday, although the bul...

GBP/USD: ? ??????? ???????????
Forex News

A more stable global backdrop should allow a rebound – Westpac

The scale of the UK’s support packages should offset the negative of the UK’s trade balance pressures. A more stable global backdrop should also allow GBP/USD to rebound, in the opinion of economist...

USD/JPY ???????????? ???????? – UOB
Forex News

JPY Futures: Potential rebound ahead

CME Group’s flash data for JPY futures markets noted open interest retreated for the third session in a row on Monday, now by more than 3K contracts. In the same line, volume shrunk by 10.3K contracts, adding t...