Australian PM Morrison announces to lift restrictions on elective surgery
Forex News

Event and fundamental risks weighing

Australian shares are down again on Thursday with trade wars and oil prices weighing. The financial and energy sectors were the biggest drags on the market The Australian share market is lower again on Thursd...

EUR/GBP ?????????? ? ?????????????? ?????? 0.8630 – Commerzbank
Forex News

EUR/GBP bulls in charge as Brexit risks loom

EUR/GBP moves 2.94% higher from the April lows as Brexit risks come back to the fore.  A toxic cocktail is being stirred-up in the markets for the great British pound. EUR/GBP is currently trading a 0.8747, +0...

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Forex News

USD/JPY drops below 107.00 as US-China tussle heavy the risks

USD/JPY extends Friday’s losses amid risk-off sentiment. US diplomats allege China for the mishandling of the virus. Good news on virus drug fails to tame the trade-war fears. Japanese banks are off due to the ...

BOJ warns of potential financial system risks triggered by pandemic – Reuters
Forex News

BOJ warns of potential financial system risks triggered by pandemic – Reuters

In a semi-annual report analyzing Japan’s banking system, the Bank of Japan (BOJ) warned that if the coronavirus pandemic is prolonged, it could destabilize the Japanese financial system, per Reuters. Key headl...

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Forex News

 Risks may be asymmetric to the downside – CitiBank

In their weekly strategy report, analysts at Citibank point out investors are concerned about US company earnings and economic outlook which increased the volatility of the market, favoring the yen. At the same...

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Forex News

USD/JPY seesaws around 107.50 as traders reassess risks

USD/JPY struggles for clear direction after Friday’s fall. Risk-tone begins the week on a cautious note, coronavirus, politics have been the drivers. Japan trade data, virus updates will be the keys to watch. ...

Economic activity has fallen abruptly as Govt responds to the coronavirus-led health risks
Fundamental Forex Analysis

Economic activity has fallen abruptly as Govt responds to the coronavirus-led health risks

New Zealand’s (NZ) Treasury is out with its monthly economic indicators report, with the key takeaways found below. Economic activity has fallen abruptly as the Government responds to the health risks posed by...

????? ?? ???? ??? 1.0970 ????????? – UOB Group
Forex News

EUR/USD still faces downside risks – UOB

FX Strategists at UOB Group still believe EUR/USD could grind lower in the next weeks, although a test of 2020 low at 1.0635 appears unlikely. Key Quotes 24-hour view: “Our expectation for EUR to ‘edge higher t...

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

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

The relentless rise in the coronavirus cases world-wide continues to keep the investors on the edge. The US dollar continued to enjoy the safe-haven flows, as the Asian equities turned negative alongside the US...

NZD/USD ???????? ? ????? 0.6550
Forex News

NZD/USD bid around 0.5925, risks remain skewed to the downside

NZD/USD has added 16 pips in Asia despite the risk-off tone in stocks.  Lingering fears of a prolonged recession could reverse gains seen in NZD. The US initial jobless claims are expected to hit another record...