Japanese economy minister Nishimura: To consult with experts on relaxing restrictions on July 10

The Japanese economy minister Nishimura will o consult with experts on relaxing restrictions on July 10. More to come…

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XAUUSD – today’s gold price

XAUUSD, H4 Yesterday (June 2) the gold price fluctuated during the US economic data announcement. The non-farm payroll employment in the United States came out better than expected at 4,800K…

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Australian state sees a coronavirus surge – ‘strict lockdown’ no going out in place

Cases of COVID-19 have been climbing all week in Australia’s second most populous city of Melbourne. The count of new cases has been hovering around 70 for the past days…

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How to Trade the Euro, NOK and SEK Using the Core-Perimeter Model

A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model

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Colombia Consumer Price Index (YoY) came in at 2.19% below forecasts (2.49%) in June

Colombia Consumer Price Index (YoY) came in at 2.19% below forecasts (2.49%) in June

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Events to Look Out for Next Week

A quiet week is coming up in regards to economic data, but market attention will remain on geopolitical risks, particularly those stemming from simmering China-US tensions. Focus will be on…

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Dollar as a Safe Haven or Source of Global Instability?

The US Dollar is the traditional safe haven currency – a boon when global risk is shaken by a pandemic. And yet, that role is not inviolable. With a swell…

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NZD/USD Price Analysis: Could we see an extension of the trend next week?

Despite very thin volume on Friday (US participants are off for Independence day) NZD/USD has moved higher by 0.39%. NZD/USD is a currency that perfor

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AUD/USD Rate Approaches 2020 High Ahead of RBA Rate Decision

AUD/USD may continue to approach the 2020 high (0.7064) ahead of the RBA rate decision on July 7 as the central bank is widely expected to retain the current policy.

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Jibun Bank/Markit (June) PMIs: Services 45.0 and 40.8Composite

Japan – Jibun Bank/Markit Services and Composite PMI (final) for June Services 45.0, preliminary was 42.3Composite 40.8, preliminary was 37.9 more to come   

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