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Latest content from FXStreet Team Apr 06, 2020 23:52 PM Japan JP Foreign Reserves climbed from previous $1359B to $1366.2B in March Japan JP Foreign Reserves climbed from previous $1359B to $1366.2B in March... Read more Apr 06, 2020 23:32 PM Japan Labor Cash Earnings (YoY) below forecasts (2.1%) in February: Actual (1%) Japan Labor Cash Earnings (YoY) below forecasts (2.1%) in February: Actual (1%)... Read more Apr 06, 2020 23:30 PM Japan Overall Household Spending (YoY) came in at -0.3%, above expectations (-3.9%) in February Japan Overall Household Spending (YoY) came in at -0.3%, above expectations (-3.9%) in February... Read more Apr 06, 2020 23:00 PM South Korea Current Account Balance above forecasts (1.09B) in February: Actual (6.41B) South Korea Current Account Balance above forecasts (1.09B) in February: Actual (6.41B)... Read more Apr 06, 2020 22:31 PM Australia AiG Performance of Services Index fell from previous 47 to 38.7 in March Australia AiG Performance of Services Index fell from previous 47 to 38.7 in March... Read more Apr 06, 2020 22:28 PM New Zealand NZIER Business Confidence (QoQ) declined to -70% in 1Q from previous -21% New Zealand NZIER Business Confidence (QoQ) declined to -70% in 1Q from previous -21%... Read more Apr 06, 2020 20:46 PM Forex Today: Market's mood improved, UK PM Johnson in intensive care Here is what you need to know on Tuesday, April 7th: The market mood was positive as there have been signs of flattening coronavirus-related curves in... Read more Apr 06, 2020 19:16 PM Breaking: Boris Johnson has been taken to intensive care – BBC UK PM Boris Johnson has been taken to intensive care and the pound is under pressure. GBP/USD dropped from 1.2305-1.2241. More to come... ... Read more Apr 06, 2020 14:44 PM India: More fiscal support is needed – Standard Chartered More growth-stabilising measures are likely to be implemented in India, according to economists at Standard Chartered Bank. USD/INR is trading at 76.2... Read more Apr 06, 2020 14:17 PM EUR/USD: Expect a retest of 1.05 in Q2 – TDS EUR/USD is quite sensitive to the relative growth outlook as the pair holds a modest discount on this momentum index, according to economists at TD Se... Read more Apr 06, 2020 14:09 PM USD/CAD: Oil and leverage shock gyrates the loonie – TDS Within the G10, the CAD is uniquely positioned to suffer. In addition to the sudden stop nature of global economic activity, the loonie suffers from t... Read more Apr 06, 2020 14:03 PM AUD/NZD: Move to 1.00 over the coming weeks – TDS Macro drivers point to more downside in the weeks ahead. Analysts at TD Securities like parity in the AUD/NZD cross. Key quotes "We expect a move to 1... Read more Apr 06, 2020 13:56 PM Gold: Multi-year bull market is being cemented – TDS The better news flow over the weekend has seen the yellow metal continue its strength above $1600/oz and move safely away from CTA selling triggers fo... Read more Apr 06, 2020 13:46 PM Oil: Even a large cut will not be enough to offset the shock – TDS Risk markets are enjoying some recovery this morning but, as expected, the balance of risks have been to the downside for crude oil, strategists at TD... Read more Apr 06, 2020 13:39 PM EUR/USD: Dropping to 1.03 this year – NBF The ECB is more likely than not to loosen monetary policy via further unconventional measures amid the likelihood of deep recessions. That would, in t... Read more Apr 06, 2020 13:34 PM EUR/GBP: Long position at 0.8785 – TDS FX markets may return their focus to Europe this week. Analysts at TD Securities think the recent pullback in EUR/GBP looks ripe for a reversal higher... Read more Apr 06, 2020 13:27 PM USD/CAD: Loonie crushed by oil – NBF The Canadian dollar lost 6% against the USD in March, its worst monthly performance in five years. Granted, the economy is now in recession and GDP gr... Read more Apr 06, 2020 13:18 PM EUR/GBP: Cable will remain soft – Rabobank European investors have seen value in the pound this morning after it was sold off overnight with EUR/GBP pulling back to levels held around the Europ... Read more Apr 06, 2020 13:12 PM EUR/USD: Break below 1.0770 exposing the yearly low at 1.0635 The EUR/USD pair has been unable to surpass the 61.8% retracement of its latest daily advance at around 1.0830, meeting sellers around it, FXStreet's ... Read more Apr 06, 2020 13:00 PM Russia Consumer Price Index (MoM) registered at 0.6%, below expectations (0.7%) in March Russia Consumer Price Index (MoM) registered at 0.6%, below expectations (0.7%) in March... Read more Top contributors to follow: Kathy Lien Sam Seiden Slobodan Drvenica Marc Chandler Gregor Horvat Nenad Kerkez Barabara Rockefeller Joel Kruger

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