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Forex News

USD/JPY bears attack 107.00 amid risk-off markets

USD/JPY fails to extend the latest recovery moves. Risk-tone heavies as Fed Chair acknowledged economic pessimism, President Trump reiterated favors for negative rates. Fears of trade wars, virus wave 2.0 also ...

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GBP is likely to struggle in a risk-off environment – HSBC

Economists at HSBC think that the dominance of the RORO phenomenon and possibly Brexit headlines will likely bring more volatility to the pound in the near-term. Key quotes “The BoE kept its monetary policy unc...

NZD/USD ????? ?????????????? 0.66 - UOB
Forex News

NZD/USD submerged by risk-off tones, struggles to fly

NZD/USD pressured in broad dollar strength and risk-off tones. RBA up next today, ears will be listening out for forecasts.  NZD/USD has been attempting to recover from lost ground from the late April tops bu...

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Forex News

Risk-off threatens to derail three-day winning streak

EUR/USD drops as the decline in the US stock futures puts haven bid under a dollar.  Risk sentiment takes a hit on rising US-China tensions. Trade war fears return as Trump renews tariffs threat to China. EUR/...

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Forex News

Bears eye a break below 107.00 amid risk-off, ahead of US ISM

USD/JPY turns south amid risk-aversion, fresh dollar selling. The spot clings onto 5-DMA support at 107.02. US ISM Manufacturing PM to wrap up a light trading day. USD/JPY is holding onto the 5-DMA support j...

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

Weekend news to spur risk-off

What you need to know on  Monday, April 27th: The American dollar edged lower on Friday, but closed the week with gains, particularly against its European rivals. Commodity-linked currencies posted modest gain...

NZD/USD retreats to 0.5800 area
Forex News

Pressured above 0.6000 following PBOC rate decision, risk-off

NZD/USD bounces off intraday low after PBOC rate cut. The pair earlier failed to cheer NZ CPI data amid fresh risk aversion. US coronavirus numbers, challenges to the economic restart question the trade sentime...

AUD/NZD downside opening up as COVID-19 risk-off prevails
Forex News

AUD/NZD downside opening up as COVID-19 risk-off prevails

The COVID-19 spread is bearish for the cross. Rallies in the cross will be difficult to sustain multi-week. AUD/NZD drifted down 40 pips to 1.0260 overnight and is steady in an oddly quiet Asia on Thursday as ...

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Forex News

USD/JPY seesaws around 107.00 amid coronavirus-led risk-off

USD/JPY registers losses for the third day in a row. Fed takes temporary measures to ease liquidity for big banks. Broad risk-off continues as Pandemic numbers rally, lockdowns extended. No major data/event on ...

Risk-off as rumour has that US Senate vote not agreed to yet, COVID-19 weighs heavy
Forex News

Risk-off as rumour has that US Senate vote not agreed to yet, COVID-19 weighs heavy

Markets do not know whether they are coming or going – the situation is fluid. We are in unchartered waters and COVID-19 is showing little proven sign that it’s about to go away and not get a lot worse. M...