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Forex News

AUD/USD regains 0.6400 after upbeat Aussie Trade Balance

AUD/USD benefits from better than forecast Australian Trade Balance. Risk-tone remains heavy amid US-China tussle, pre-event/data caution limit market moves. China trade figures, US Jobless Claims and qualitati...

EUR/USD ????????? ?? 1.1030
Forex News

Euro regains some poise, trades above 1.0850 level

EUR/USD rebounds and approaches the 1.0900 figure on USD weakness.  Immediate resistance is seen near 1.0845 and 1.0920 levels.     EUR/USD daily chart    EUR/USD is trading below the main SMAs on the daily ch...

Risk hit, USD regains poise on Trump’s coronavirus warnings, US Jobless Claims eyed
Fundamental Forex Analysis

Risk hit, USD regains poise on Trump’s coronavirus warnings, US Jobless Claims eyed

Flight to safety still remained in vogue in the Asian session this Thursday, following the Wall Street slump triggered by President Donald Trump’s warning over the coronavirus situation in the US. The US dollar...

Japan passes JPY102.7 trillion fiscal budget for 2020, USD/JPY regains 108.50
Forex News

Japan passes JPY102.7 trillion fiscal budget for 2020, USD/JPY regains 108.50

In an effort to mitigate the economic impact of the coronavirus pandemic, Japanese government passed the much debated JPY102.7 trillion fiscal budget for 2020. Market reaction The Japanese stocks caught a fresh...

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Forex News

Regains 0.5900 as US Coronavirus Relief Bill nears the final vote

AUD/USD pulls back from the session low after the news. The US Senate passed COVID-19 Bill, the final vote in the lower house still pending. The House Speaker Pelosi earlier demanded 24-hour notice for the spec...

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Forex News

EUR/USD bounces off lows on Lagarde, regains 1.1200

EUR/USD moves back above the 1.1200 mark. ECB left rates unchanged at its meeting on Thursday. ECB’s Lagarde said COVID-19 will impact on the economy. After briefly testing sub-1.1200 levels, EUR/USD has manag...