Economy could shrink by up to 6% in 2020 amid coronavirus crisis
Fundamental Forex Analysis

Q2 economic output to decline much more sharply than in Q1

The German economy ministry was out with some comments in the last hour and said that the economic recovery will be gradual through the second half of 2020. Additional quotes: Easing of lockdown suggests we ha...

NZ inflation expectations fall sharply in Q2, Kiwi bulls unperturbed
Fundamental Forex Analysis

NZ inflation expectations fall sharply in Q2, Kiwi bulls unperturbed

According to the latest Reserve Bank of New Zealand (RBNZ) survey, New Zealand’s (NZ) both one and two-year inflation expectations plunged in the second quarter of 2020. Business managers forecast annual ...

USD/JPY: ???? ???? ??????? 109.00
Forex News

Greenback down sharply, nearing 106.00 figure vs. Japanese yen

USD/JPY trades down despite broad-based USD strength.  The level to beat for bears is the 105.70 support.   USD/JPY daily chart   USD/JPY gets another bearish day despite broad-based USD strength this Wednesda...

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Forex News

USD/CAD retreats sharply from daily tops, back closer to mid-1.4000s

A goodish pickup in the USD demand, a slump in oil prices provided an intraday lift to USD/CAD. Sliding US bond yields curbed the USD strength and kept a lid on any runaway rally for the pair. Rebounding oil ex...

Indonesian Consumer Confidence drops sharply to 121.7 in Jan, Rupiah stalls the upside
Fundamental Forex Analysis

Indonesian Consumer Confidence drops sharply to 121.7 in Jan, Rupiah stalls the upside

The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the country’s Consumer Confidence Index worsened to 121.7 in January when compared to 126.4 booked in December. FX Im...

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Forex News

Pound dropping sharply, nearing 1.3000 figure

The market is in search of a clear direction.  The level to beat for sellers is the 1.2973 level.   GBP/USD daily chart     The market is essentially ranging above the 100/200-day simple moving averages (SMAs)...