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Forex News

EUR/GBP consolidates at multi-week highs above 0.8900

EUR/GBP rally from 0.8700 consolidates at six-week highs above 0.8900. Pound underperforms on Brexit tensions and COVID-19 consequences. The sterling will continue weakening until the Brexit situation clarifies...

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Forex News

AUDUSD extends losses to test one-week lows at 0.6400

AUD/USD reversal from 0.6560 extends to test one-week lows at 0.6400. Australian dollar falters with against a firmer USD on a risk-averse market. Aussie’s near-term target is 0.6000 – Danske Bank. The A...

EUR/USD ??????? ? ????????????? ?????????? ? ?????? 1.1070
Forex News

EUR/USD leaps to 2-day high near 1.0850 on US data

EUR/USD turns positive and clinches 2-day tops. Poor US Retail Sales undermines the momentum in the dollar. US Consumer Sentiment is next on tap on Friday. EUR/USD has quickly broken above the previous consoli...

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Forex News

GBP/USD struggles near multi-week lows, just above mid-1.2100s post-US retail sales

A sudden pickup in the USD demand prompted some fresh selling around GBP/USD on Friday. Escalating US-China tensions dented the already weaker sentiment and underpinned the USD. Worse-than-expected US monthly R...

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Forex News

When are US monthly retail sales figures and how could they affect EUR/USD?

US monthly retail sales overview Friday’s US economic docket highlights the release of monthly retail sales figures, scheduled at 12:30 GMT. Consensus estimates point to yet another dismal round of figure...

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

Remains vulnerable near 3-week lows, below 0.60 mark

NZD/USD struggled to capitalize on the overnight bounce from three-week lows. Bearish bias remains amid the recent break below the 0.60 confluence support. The NZD/USD pair traded with a mild negative bias on ...

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Forex News

USD/JPY flirting with session lows, around 107.00 mark

USD/JPY edged lower on Friday amid some renewed USD selling bias. The prevalent cautious mood further benefitted the safe-haven JPY. Friday’s US Retail Sales for April eyed for some short-term impetus. The USD...

Q2 forecasts are for around -10% decline in GDP
Forex News

Q2 forecasts are for around -10% decline in GDP

Germany’s Destatis, the federal statistics office, is out with its take on the Q2 growth after the economic contraction seen in the first quarter. The Stats office said: How Q2 turns out depends in part on easi...

EUR/USD ????? ?????????????? 1.1096 – UOB
Forex News

EUR/USD looks under pressure around 1.0800 ahead of key data

EUR/USD keeps gyrating around the key 1.0800 mark on Friday. Investors stay vigilant on the gradual re-opening of the economy. German flash Q1 GDP figures next of relevance in the euro docket. The selling bias...

EUR/GBP ??????????? ? ????????? ??????
Forex News

On the bids above 0.8800 despite downbeat German PPI, eyes on GDP

EUR/GBP keeps the gains despite downbeat German PPI data. ECB anticipates Euro GDP to fall between 5% and 12% this year. EU-German tension weighs on the regional currency, Brexit/virus woes disappoint Pound buy...