ForexLive Americas FX news wrap: Canadian dollar shrugs off strong jobs report
Forex news for North American trade on July 10, 2020: Markets: – Gold down $4 to $1799 – WTI crude up 86-cents to $40.49 – US 10-year yields up 2…
Read More »USD/JPY Price Analysis: No sign of a break out just yet
USD/JPY seems stuck in a sideways range. In historical terms, if there was this much uncertainty in the world the yen would be going through the roof.
Read More »14th consecutive decline in US claims
After it pared declines as a mostly risk-on session in Asia, led by a continued rally in Chinese stocks, gave way to a less certain session in European markets, Dollar…
Read More »Fed’s balance sheet sees largest weekly drop in over 11 years
The US Federal Reserve’s (Fed) balance sheet size declined by about $88 billion to $6.97 trillion in the week ended July 8, versus $7.06 trillion a w
Read More »AUD, NZD dropping away further as overnight moves ripple though early Asia
AUD and kiwi are going to need a firming of risk appetite to recover overnight losses. EUR, GBP, CAD also slipping as Asia get more active (its near 10 in…
Read More »Dow Jones Eyes Support, Straits Times Faces Singapore General Election
The Dow Jones and S&P 500 declined as the Nasdaq Composite rose. Ahead, the Shanghai Composite may fall as the Straits Times index eyes the Singapore General Election.
Read More »US Dollar (DXY) Eyes Multi-Month Low But Speculators are Trimming Their Short Positions
The US dollar chart remains weak with a short-term series of lower highs and lower lows highlighting the greenback’s weakness. A new multi-month low may be on the horizon.
Read More »The GBP is the strongest and the JPY is the weakest as NA traders enter for the day
The USD is marginally lower The GBP is the strongest and the JPY is the weakest. The GBP has been the biggest mover but relative to other days, the action…
Read More »EUR & GBP : Circumspect view
The Dollar majors have been plying narrow ranges so far today, with global markets generally in somewhat of a directional stasis presently, with participants mindful of the potentially economically disrupting…
Read More »Coronavirus – Australia will provide further income support, extended beyond September
Australian Treasurer Frydenberg says the further support will announced on July 23
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