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BoE Outlook Lifts Pound - 06 August 2020 2020-08-06 07:58:56The Bank of England's newly announced outlook was far less gloomy than previous reports, which helped the Pound Sterling hit a fresh 5-month peak aga

Oil, Stock Gains as Enthusiasm for a Stimulus 2020-08-06 05:42:33Yesterday, the oil markets continued rallying, hitting a 5-month high, after the markets learned that there was a drop in crude inventories.

Pound Higher Despite COVID Worries 2020-08-05 08:43:07The Pound Sterling inched higher against its US counterpart after the relief package for the US Coronavirus pandemic stalled in the US Congress, which

Eurozone PMI: Expansion on Business and Services Sector 2020-08-05 06:02:08The Eurozone Markit PMI Composite for July was recently released, which stood at 54.9 after being at 54.8 in June, signaling an expansion, and slightl

Pound Holding Close to 5-Month High 2020-08-04 07:28:36The Pound Sterling earlier made headway against the US Dollar, but analysts say that any further gains are being capped as concerns over the upcoming

Reserve Bank of Australia Leaves Cash Rates on 2020-08-04 03:27:06The Reserve Bank of Australia decided to leave the cash rates steady for the third consecutive time, at 0.25 percent.

Pound Steadies after Lockdown Measures 2020-08-03 06:50:40The Pound Sterling steadied during the London trade on Monday as FX traders assess the UK government's proposed strategy of localized quarantines and

Oil Prices and Stocks Mixed Due to Weak 2020-08-03 03:39:46Oil prices were mixed on Sunday, on fears of oversupply as the OPEC+ coalition is set to ease its supply cuts this month.

Markets Close Lower Despite FAANG Earnings 2020-07-31 02:13:29Shares of Apple stock (AAPL) closed up 4.6 percent on Thursday after the company announced a 4 to 1 stock split at the end of August which will allow

Dollar Outlook Remains Weak After Fed Announcement - 2020-07-30 08:50:06The U.S. dollar hit a two-year low on Wednesday, following the Federal Reserve's announcement that it will leave interest rates stable near zero.

Dollar Outlook Remains Weak After Fed Announcement 2020-07-30 08:50:06The U.S. dollar hit a two-year low on Wednesday, following the Federal Reserve's announcement that it will leave interest rates stable near zero.

Oil and U.S. Stocks Gain on Supply Data 2020-07-30 03:09:23Oil prices ended the session in the positive territory yesterday after the Energy Information Administration reported the biggest American crude oil s

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Nasdaq 100 Extends Rally, AUD/USD at Key Level New! 2020-08-06 19:00:00Technology stocks rallied with risk-oriented assets after US jobs data printed better-than-expected figures. AUD/USD is trading at a key cross-section

Canadian Dollar Forecast: USD/CAD Mired by Trump Tariffs New! 2020-08-06 18:30:00The Canadian Dollar could start to crumble on the back of fresh aluminum tariffs just announced by President Trump, which may jeopardize the USMCA dea

USD Price Outlook: US Dollar in Focus with New! 2020-08-06 14:55:00USD price action whipsawed over the last five trading sessions; can nonfarm payrolls data on deck spark a move in the US Dollar with enough impetus to

EUR/JPY Latest: Euro bulls persistent on topside resistance New! 2020-08-06 13:00:00The Euro run has been immense to say the least but how long can this upward impetus be sustained?

USD/TRY, EUR/TRY Jump to Record Highs on Lira New! 2020-08-06 12:00:00The Turkish Lira weakened considerably on Thursday, sending USD/TRY and EUR/TRY to record highs following money market disruptions in an already fragi

AUD/USD Analysis: Aussie Dollar Nearing 2020 High Ahead New! 2020-08-06 11:43:00The Australian Dollar has continued its strong upward trend since the March low with the 2020 high in view ahead of the US NFP data on Friday

Silver Surfing Higher, USD/TRY Spikes to Record High, New! 2020-08-06 10:00:00GBP rises as BoE walk back on negative rates, USD/TRY spikes to record peak, silver surfing higher

EUR/USD Price Waits for US NFPs, EUR/GBP Slides 2020-08-06 07:00:00After printing a fresh two-year high earlier in the session, EUR/USD has edged lower and is now waiting for Friday’s US NFP report to signal the

Gold Price Surge May Be Losing Steam, US 2020-08-06 05:00:00Gold prices may backtrack after hitting a record high as technical positioning hints bullish momentum is ebbing. US fiscal stimulus negotiations are i

New Zealand Dollar (NZD) vs Canadian Dollar (CAD): 2020-08-06 04:05:00NZD weakening against major counterparts ahead of pivotal RBNZ meeting. NZD/CAD in focus.

Bank of England Leaves Policy Measures Unchanged, GBP/USD 2020-08-06 02:31:00The Bank of England left all policy levers untouched, leaving Sterling free to push higher against a weak US dollar.

EUR/USD, EUR/CHF Rates at Risk as Rising Covid-19 2020-08-06 02:00:00EUR/USD, EUR/CHF rates at risk of near-term pullback as Covid-19 ‘second wave’ fears weigh on regional investor sentiment.

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U.S. Jobless Claims Pull Back Sharply After Two New! 2020-08-06 11:30:00 Following two straight weekly increases in first-time claims for U.S. unemployment benefits, the Labor Department released a report on Thursday showi

UK Interest Rates Not To Turn Negative Soon, New! 2020-08-06 10:49:00 The Bank of England is unlikely to cut interest rates below zero anytime soon, Governor Andrew Bailey said Thursday. Negative rates are part of the

U.S. Weekly Jobless Claims Pull Back Much More New! 2020-08-06 10:39:00 Following two straight weekly increases in first-time claims for U.S. unemployment benefits, the Labor Department released a report on Thursday showi

Dollar Little Changed Following U.S. Weekly Jobless Claims New! 2020-08-06 10:33:00 The U.S. weekly jobless claims for the week ended August 1 have been released at 8:30 am ET Thursday. After the data, the greenback changed little ag

*Czech CB Leaves Key Interest Rate Unchanged At New! 2020-08-06 10:32:00 Czech CB Leaves Key Interest Rate Unchanged At 0.25% As Expected The material has been provided by InstaForex Company - www.instaforex.com

*U.S. Initial Jobless Claims Drop To 1.186 Million New! 2020-08-06 10:31:00 U.S. Initial Jobless Claims Drop To 1.186 Million In Week Ended 8/1 The material has been provided by InstaForex Company - www.instaforex.com

Dollar Mixed Before U.S. Weekly Jobless Claims New! 2020-08-06 10:29:00 The U.S. weekly jobless claims for the week ended August 1 will be released at 8:30 am ET Thursday. Ahead of the data, the greenback traded mixed aga

*BoE's Bailey: Negative Rates Part Of Our Toolbox New! 2020-08-06 10:23:00 BoE's Bailey: Negative Rates Part Of Our Toolbox The material has been provided by InstaForex Company - www.instaforex.com

Germany's Construction Sector Shrinks At Slower Pace New! 2020-08-06 10:16:00 The decline in Germany's construction sector eased in July driven by the upswing in residential activity, survey data published by IHS Markit showed

Germany's Factory Orders Growth Exceeds Expectations New! 2020-08-06 10:06:00 Germany's factory orders grew more than expected in June on strong domestic demand as consumption benefited from the easing of lockdown measures, da

New Zealand 2-Year Inflation Expectations Rise In Q2 2020-08-06 09:45:00 Inflation expectations for the two years ahead increased in the second quarter, data from the Reserve Bank of New Zealand showed on Thursday. The in

Ireland Service Sector Recovers In July 2020-08-06 09:41:00 Ireland's service sector expanded in July for the first time since the economy went into a lockdown in late February due to the Covid-19 pandemic, s

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XE Market Analysis: Asia - Aug 06, 2020 New! 2020-08-06 15:11:38The Dollar bounced from the fresh lows seen overnight, overall recovering through the London morning session. The USD posted modest gains in early N.Y

XE Market Analysis: North America - Aug 06, 2020-08-06 07:10:18The dollar posted fresh lows against the euro and some other currencies, particularly the pound, which rallied on the back of the BoE's post policy m

XE Market Analysis: Europe - Aug 06, 2020 2020-08-06 04:40:00The USD index edged out a fresh 27-month low at 96.53, continuing what is a fourth consecutive week of decline and a fourth straight month of decline,

XE Market Analysis: Asia - Aug 05, 2020 2020-08-05 15:09:16The DXY fell to within a whisker of the two-year bottom of 92.55 seen on Friday before recovering modestly in afternoon dealings. Risk-on conditions w

XE Market Analysis: North America - Aug 05, 2020-08-05 07:07:29The dollar is down for a second day, while gold prices have spurted to a fresh nominal high at $2,048.00 (still a long way from a record peak in infla

XE Market Analysis: Europe - Aug 05, 2020 2020-08-05 04:37:13The dollar has remained soft while gold prices have spurted to a fresh nominal high at $2,040.55 (still a long way from a record peak in inflation-adj

XE Market Analysis: Asia - Aug 04, 2020 2020-08-04 15:06:26The Dollar attempted to rally early in the session on Tuesday, though it quickly turned lower through the remainder of the session. The DXY fell from

XE Market Analysis: North America - Aug 04, 2020-08-04 07:06:02The dollar has ebbed, particularly against the euro and Australian dollar. EUR-USD lifted above Monday's 1.1797 high in posting a peak at 1.1806, whi

XE Market Analysis: Europe - Aug 04, 2020 2020-08-04 04:05:35The dollar has been ebbing moderately lower into the London interbank open, though has largely remained above lows seen on Monday. The USD index (DXY)

XE Market Analysis: Asia - Aug 03, 2020 2020-08-03 15:04:50The Dollar added to overnight gains early in N.Y. on Monday, though later faded following mixed U.S. data, which saw the July manufacturing ISM print

XE Market Analysis: North America - Aug 03, 2020-08-03 07:34:22The dollar is up for a second consecutive trading day, with the narrow trade-weighted USD index posting its best level since last Tuesday, at 93.83, e

XE Market Analysis: Europe - Aug 03, 2020 2020-08-03 04:32:52The dollar has lifted, with the narrow trade-weighted USD index posting its best level since last Thursday, at 93.70, extending a rebound from the 25-

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