Forex News

US stock futures drop 1% on Coronavirus scare
US stock futures drop 1% on Coronavirus scare
Risk-off is in full swing in Asia with the S&P 500 futures reporting a 1% drop.  Oil prices and other major equity markets...
Forex News 35 minutes ago
Concerns about coronavirus continue to weigh on markets - ANZ
Concerns about coronavirus continue to weigh on markets - ANZ
Analysts at Australia and New Zealand Banking Group (ANZ) offer a brief picture of the effect of the intensifying China coronavirus fea...
Forex News 35 minutes ago
USD/JPY Price Analysis: Off lows, but gap remains unfilled
USD/JPY Price Analysis: Off lows, but gap remains unfilled
USD/JPY gapped lower in Asia due to risk aversion.  The pair has trimmed losses but is yet to fill the gap.  A move to 10...
Currency News 55 minutes ago
NZD/USD Price Analysis: On its way to 200-day SMA
NZD/USD Price Analysis: On its way to 200-day SMA
NZD/USD drops to the lowest since December 18, 2019. 38.2% Fibonacci retracement can offer intermediate support. 21-day SMA caps sh...
Currency News 55 minutes ago
Gold Price News and Forecast: XAU/USD kick-starts the week with bullish gap-up to $1589
Gold Price News and Forecast: XAU/USD kick-starts the week with bullish gap-up to $1589
Gold Price Analysis: Bears seek 5 wave correction to 61.8% Fib retracement The price of gold has been climbing in five waves on the mo...
Commodity News 55 minutes ago
Governor of China's Hubei: Agonised by coronavirus outbreak; risk-off at full steam
Governor of China's Hubei: Agonised by coronavirus outbreak; risk-off at full steam
Wang Xiaodong, Governor of China's Hubei province, where the new coronavirus outbreak began, said over the weekend, he feels &...
Forex News 55 minutes ago
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...
Commodity News 1 hours 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...
Currency News 1 hours 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 1 hours 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 2 hours 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 2 hours 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 2 hours 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 2 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 2 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 2 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 2 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 3 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 3 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 3 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 3 hours ago
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