AUD/USD Rate to Face Another Sharp Decline in Australia Employment
The update to Australia’s Employment report may influence AUD/USD as the economy is expected to shed 125K job in May.
Read More »An Australian government senator want tariffs on imports from China, Chinese state-owned assets seized
Government senator Concetta Fierravanti-Wells – called for Australia to slap tariffs on Chinese imports – to consider seizing state-owned assets "Of course, this would further impact on the relationship, but…
Read More »ICYMI – US Commerce Department says US firms can work with Huawei on 5G standards
The United States Department of Commerce in a move as an attempt to develop more streamlined standards for 5G, along with the company, This change is designed to allow Huawei…
Read More »FX Update – Risk-Off & Empire State both jump
AUDUSD, H1 The Dollar and Yen rose and commodity currencies underperformed amid safe haven positioning in global markets. Stock markets in the Asia-Pacific region have declined sharply, and S&P 500…
Read More »USD/JPY Rate Outlook Hinges on BoJ Forward Guidance
Forward guidance from the Bank of Japan could determine the fate of the risk-associated USD/JPY, as the central bank is expected to maintain its current monetary policy settings.
Read More »AUD May Suffer vs USD Ahead of Chinese Industrial & Retail Sales Data
The Australian Dollar may extend its decline versus the anti-risk US Dollar and Japanese Yen ahead of the release of Chinese industrial and retail sales data.
Read More »Latest coronavirus outbreak in Beijing – State Council press conference cancelled
News conferences in Beijing continued right through the first wave of the COVID-19 outbreak in China But, this latest flare up (more here: – ) has prompted the cancellation of…
Read More »WHO’s Kluge: UK still in very active phase of pandemic, should not rush into further economic reopening
In an interview with the Guardian newspaper on Sunday, World Health Organization’s (WHO) Regional European Director Hans Kluge urged that England shou
Read More »A technical look at the major currency pairs heading into the new trading week
What are the technical’s saying for the major currencies. The EURUSD extended the week’s trading range in the NY afternoon (taking out the low from Tuesday at 1.12402. The break…
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