Forex News

NZD/AUD: Should revert to levels near 0.98 – ANZ
NZD/AUD: Should revert to levels near 0.98 – ANZ
NZD/AUD caught the bid on what some felt that the RBA isn’t all that committed to QE, which is incorrect in the opinion of economists at ANZ Bank. Key quotes...
Forex News 2 hours ago
Slovakia Industrial Output (YoY) came in at -1.5% below forecasts (0.8%) in February
Slovakia Industrial Output (YoY) came in at -1.5% below forecasts (0.8%) in February
...
Forex News 2 hours ago
Italy’s PM Conte: May relax some lockdown measures by the end of April
Italy’s PM Conte: May relax some lockdown measures by the end of April
The government may relax some lockdown measures by the end of April, said the Italian Prime Minister (PM) Giuseppe Conte in an interview with BBC News.  ...
Forex News 2 hours ago
Coronavirus: Downward revision of global economic outlook – Rabobank
Coronavirus: Downward revision of global economic outlook – Rabobank
Economists at Rabobank have looked at their assumptions in more detail and have revised global growth forecasts again due to the development of coronavirus all...
Forex News 2 hours ago
AUD/USD: Renewed upside momentum – OCBC
AUD/USD: Renewed upside momentum – OCBC
Supported risk appetite helped the AUD overcome the downgrade in credit rating outlook to outperform across the G-10 space and the AUD/USD hammered the 0.6200 r...
Forex News 2 hours ago
AUD/USD bounces off lows, turns neutral around 0.6230 region
AUD/USD bounces off lows, turns neutral around 0.6230 region
AUD/USD witnessed a modest intraday pullback from multi-week tops. A combination of supporting factors helped limit any meaningful slide. The AUD/USD pa...
Forex News 2 hours ago
Russia may cut upto two mln bpd under any global oil pact - Reuters
Russia may cut upto two mln bpd under any global oil pact - Reuters
Citing two Russian sources on the matter, Reuters reports Russia may cut upto two mln bpd under any global oil pact.   Developing story .......
Forex News 2 hours ago
Copper Futures: Further rangebound likely
Copper Futures: Further rangebound likely
Traders scaled back their open interest positions in Copper futures markets by just 240 contracts on Wednesday, reaching the third consecutive drop. Volume, too...
Forex News 2 hours ago
Philippines: Inflation risks tilted to the downside – UOB
Philippines: Inflation risks tilted to the downside – UOB
UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the recently published inflation figures for the month of March in the Philippines....
Forex News 2 hours ago
Oil: Brent forecast for June lowered to $30/bbl – Westpac
Oil: Brent forecast for June lowered to $30/bbl – Westpac
Strategists at Westpac Institutional Bank have cut their crude oil price forecasts. This reflects the significant hit to demand from COVID–19 and the breakdown...
Forex News 2 hours ago
India M3 Money Supply below expectations (9.5%) in March 27: Actual (8.8%)
India M3 Money Supply below expectations (9.5%) in March 27: Actual (8.8%)
...
Forex News 2 hours ago
Oil Currencies: CAD and NOK more sensitive to demand than supply shocks – Deutsche Bank
Oil Currencies: CAD and NOK more sensitive to demand than supply shocks – Deutsche Bank
The OPEC+ and G20 meetings come with huge uncertainty. Economists at Deutsche Bank try to quantify how much the best case scenario would be worth for the oil cu...
Forex News 2 hours ago
Gold Futures: Extra gains appear on the cards
Gold Futures: Extra gains appear on the cards
According to preliminary figures for Gold futures markets from CME Group, open interest rose by just 420 contracts on Wednesday, while volume went down by more...
Forex News 2 hours ago
EUR/USD: Bears have a minor lead
EUR/USD: Bears have a minor lead
EUR/USD Thursday's four-hour chart is pointing to an advantage for the bears, as FXStreet’s analyst Yohay Elam notes. Key quotes “Momentum on the four-hour ch...
Forex News 2 hours ago
USD/CAD: Selling on rallies – OCBC
USD/CAD: Selling on rallies – OCBC
1.4000 holds for now, as market awaits the confirmation of a deal between the top oil producers, Terence Wu, an FX strategist at OCBC Bank informs. Key quotes...
Forex News 2 hours ago
Italy Industrial Output w.d.a (YoY) came in at -2.4%, above expectations (-2.6%) in February
Italy Industrial Output w.d.a (YoY) came in at -2.4%, above expectations (-2.6%) in February
...
Forex News 2 hours ago
Italy Industrial Output s.a. (MoM) above expectations (-1.7%) in February: Actual (-1.2%)
Italy Industrial Output s.a. (MoM) above expectations (-1.7%) in February: Actual (-1.2%)
...
Forex News 2 hours ago
Coronavirus: Keeping people at work and granting money may make a mark on currencies
Coronavirus: Keeping people at work and granting money may make a mark on currencies
Governments have reacted to the coronavirus crisis with extraordinary fiscal packages. Countries that keep the people at work and earning money may come on top,...
Forex News 2 hours ago
Gold spikes to fresh session tops, closer to $1660 level
Gold spikes to fresh session tops, closer to $1660 level
Gold gains some positive traction amid a subdued USD price action. Concerns over an imminent global recession remained supportive. Bulls seemed rather un...
Forex News 2 hours ago
EUR/USD stays bid near 1.0870, focus on the Eurogroup
EUR/USD stays bid near 1.0870, focus on the Eurogroup
EUR/USD regains the upside and tests 1.0880 on Thursday. The second Eurogroup meeting is expected later today. US Initial Claims, U-Mich index in the lim...
Forex News 2 hours ago
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