Forex News

Gold Price Analysis: Bears seek 5 wave correction to 61.8% Fib retracement
Gold Price Analysis: Bears seek 5 wave correction to 61.8% Fib retracement
Gold has popped in the stat of the weel's Asian session, with risk-off themes fueling the bid.  The price may be completing...
Forex News 12 minutes ago
AUD/USD nears seven-week low around 0.6800 amid coronavirus contagion
AUD/USD nears seven-week low around 0.6800 amid coronavirus contagion
AUD/USD keeps on bearing the burden of China’s fatal virus outbreak. The risk-negative headlines from the Middle East and the...
Forex News 12 minutes ago
Japan’s Nishimura: Japanese economy is continuing its gradual recovery
Japan’s Nishimura: Japanese economy is continuing its gradual recovery
Japanese Economy Minister Nishimura was out on the wires in the last minutes, via Reuters, noting that the Japanese economy is continui...
Forex News 12 minutes ago
GBP/JPY: Trims losses, trades around 50-day MA
GBP/JPY: Trims losses, trades around 50-day MA
GBP/JPY gapped lower in Asia on string of bad news.  China's coronavirus scare continues to keep risk assets under pressure...
Currency News 32 minutes ago
USD/CHF Price Analysis: Weak below 21-day EMA, two-week-old falling trendline`
USD/CHF Price Analysis: Weak below 21-day EMA, two-week-old falling trendline`
USD/CHF confronts near-term key resistances. The previous week’s low can lure short-term sellers. 50-day EMA, 38.2% Fibonacci...
Currency News 52 minutes ago
Market is significantly under pricing US recession odds - TD Securities
Market is significantly under pricing US recession odds - TD Securities
Analysts at TD Securities think financial markets are significantly underpricing odds of the US economy hitting recession over the next...
Forex News 52 minutes ago
US 10-year yields drop to 15-week low amid coronavirus outbreak
US 10-year yields drop to 15-week low amid coronavirus outbreak
US 10-year government bond yields decline for the fourth consecutive day. China’s coronavirus, the Middle East tension and fre...
Forex News 1 hours ago
Speculators boost net bearish Yen positions to 7-week highs
Speculators boost net bearish Yen positions to 7-week highs
Speculators raised their bearish stance in Japanese yen in the week ended Jan. 21, bringing their net short positions to a seven-week h...
Forex News 1 hours ago
Central banks in focus - ANZ
Central banks in focus - ANZ
Analysts at ANZ bank note that the Bank of England decision this week (Friday early morning NZT) looks to be a close call. Key Quotes...
Forex News 1 hours ago
AID: Taking a few chips of the table – Nordea
AID: Taking a few chips of the table – Nordea
With respect to the Aussie, analysts at Nordea note that copper paired most of the December gains as Chinese quarantines and travel ban...
Forex News 1 hours ago
China covering up true number of Coronavirus mortalities
China covering up true number of Coronavirus mortalities
While China's Coronavirus (CoV) death toll rises to at least 80 from 56. China could be covering up the true picture t...
Forex News 2 hours ago
EUR/JPY Price Analysis: Break of key support trendline, 100-day SMA signal further downside
EUR/JPY Price Analysis: Break of key support trendline, 100-day SMA signal further downside
EUR/JPY refreshes the monthly low on the break of key supports. 50% Fibonacci retracement, November month low on the bears’ ra...
Currency News 2 hours ago
EUR/USD Price Analysis: MACD offers strongest bearish signal since mid-November
EUR/USD Price Analysis: MACD offers strongest bearish signal since mid-November
EUR/USD's MACD histogram is at the lowest since mid-November.  The pair looks set to extend the recent downtrend from...
Currency News 2 hours ago
Gold kick-starts the week with bullish gap-up to $1589 as coronavirus fuels risk aversion
Gold kick-starts the week with bullish gap-up to $1589 as coronavirus fuels risk aversion
Gold surges to the highest since January 08 amid extended risk-off. Worrisome headlines from Iraq, the Trump administration adds to...
Commodity News 2 hours ago
GBP/USD Price Analysis: 50-day SMA, 61.8% Fibonacci question sellers
GBP/USD Price Analysis: 50-day SMA, 61.8% Fibonacci question sellers
GBP/USD remains on the back foot for the third consecutive day. Failures to cross 50% Fibonacci retracement, lower highs from early...
Currency News 3 hours ago
WTI: Bears pile in on Coronavirus and ME threats
WTI: Bears pile in on Coronavirus and ME threats
WTI is offered to fresh lows in the Asian open. global growth and risk-off themes are affecting the price.  WTI is starting o...
Commodity News 3 hours ago
GBP/JPY Price Analysis: Monthly support trend line in focus
GBP/JPY Price Analysis: Monthly support trend line in focus
GBP/JPY declines to 13-day low amid broad risk-off. Break of 61.8% Fibonacci retracement, bearish MACD signals further declines. An...
Currency News 3 hours ago
From US-China trade ceasefire to US-EU trade war? – Danske Bank
From US-China trade ceasefire to US-EU trade war? – Danske Bank
Analysts at Danske Bank anticipate the market’s focus to shift to the US-EU trade war from the US-China tussle. Though, they don&...
Forex News 3 hours ago
Trump administration expanded its trademark steel and aluminium tariffs – Bloomberg
Trump administration expanded its trademark steel and aluminium tariffs – Bloomberg
Adding to the global risk-off, Bloomberg came out with the news that the Trump administration extended its umbrella of aluminum and ste...
Forex News 4 hours ago
Saudi Energy Minister: Kingdom and other OPEC+ producers can act to support oil markets if needed
Saudi Energy Minister: Kingdom and other OPEC+ producers can act to support oil markets if needed
Early Monday morning in Asia, Saudi Arabia’s Energy Minister crossed the wires while reiterating the ability of the Organization...
Forex News 4 hours ago
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