Richard Perry | May 26, 2020 12:50 PM There seems to be a number of factors on rotation which depending upon the latest newsflow will result in the set up for market sentiment on any given... Pablo Piovano | May 26, 2020 12:34 PM UOB Group's Head of Research Suan Teck Kin, CFA; Economist Ho Woei Chen, CFA and Senior Strategist Peter Chia reviewed the 13th National People's Cong... FXStreet Team | May 26, 2020 12:33 PM United States Chicago Fed National Activity Index declined to -16.74 in April from previous -4.19... FXStreet Team | May 26, 2020 12:32 PM Brazil Current Account came in at $3.84B, above forecasts ($3B) in April... Richard Perry | May 26, 2020 12:19 PM We turned far more cautious of the near term bull run in the wake of the strong negative candle last Thursday. Since then we have seen a battle for co... Pablo Piovano | May 26, 2020 12:19 PM The generalized improved mood in the risk complex is bolstering the upside in EUR/JPY on Tuesday. EUR/JPY stronger on risk appetite EUR/JPY is advanci... Richard Perry | May 26, 2020 12:11 PM Dollar/Yen has settled into a very quiet period of trading, but as the US returns from Memorial Day public holiday, there are initial signs of a posit... Richard Perry | May 26, 2020 12:05 PM Whilst we continue to hold a fairly dim view of the prospects for sterling, it is interesting to see Cable rising this morning amidst the improvement ... Richard Perry | May 26, 2020 12:01 PM Amidst recent corrective slip again, the pair has been neutralised once more. Selling pressure into the weekend, which formed two decisive negative ca... FXStreet Team | May 26, 2020 12:01 PM Nasdaq 100 is seen likely to open higher today given the broader positive tone seen in global equity markets. Once the 9515 high of last week is remov... FXStreet Team | May 26, 2020 12:00 PM Brazil Mid-month Inflation came in at -0.59%, below expectations (-0.45%) in May... FXStreet Team | May 26, 2020 11:36 AM Nymex Light Crude Oil retests the April peak at 35.18 and could hit a resistance line at 36.28 where it may slow down, Karen Jones, Team Head FICC Tec... FXStreet Team | May 26, 2020 11:21 AM EUR/PLN increasingly looks to have topped as nearby support at 4.48/4.4710 uptrend and Fibo are exposed, Commerzbank's Karen Jones informs. See: How c... Pablo Piovano | May 26, 2020 11:01 AM The persistent weakness around the greenback is giving extra wings to the sterling and the euro, putting EUR/GBP under extra pressure in the 0.8900 ne... FXStreet Team | May 26, 2020 11:01 AM Mexico Gross Domestic Product (QoQ): -1.2% (1Q) vs previous -0.1%... FXStreet Team | May 26, 2020 11:01 AM Mexico Gross Domestic Product (YoY) below forecasts (-0.4%) in 1Q: Actual (-1.4%)... FXStreet Team | May 26, 2020 10:53 AM S&P 500 is expected to open strongly for a likely break above the 2980 high of last week for a test of its major resistance from its 200-day average a... FXStreet Team | May 26, 2020 10:47 AM Jane Foley, a senior FX strategist at Rabobank, highlights the main points of the CFTC speculators' report for the week ended on May 19th, 2020. Key q... FXStreet Team | May 26, 2020 10:27 AM The USD/JPY pair is easing from a daily high of 107.91, now trading near its weekly low at 107.65 as economic reopenings and hopes for a coronavirus ... Pablo Piovano | May 26, 2020 10:23 AM Barnabas Gan, Economist at UOB Group, reviewed the recent decision by the RBI to reduce its repo rate further. Key Quotes "The Reserve Bank of India (... Valeria Bednarik | May 26, 2020 10:19 AM An upbeat market's mood leads the way this Tuesday, as investors turn their eyes to economic reopenings and developments around a coronavirus vaccine... FXStreet Team | May 26, 2020 10:12 AM The economic backdrop due to the COVID-19 crisis and energy price collapse has entailed a steep fiscal stimulus impulse. Analysts at Danske Bank expec... FXStreet Team | May 26, 2020 10:01 AM United Kingdom CBI Distributive Trades Survey - Realized (MoM) meets forecasts (-50%) in May... FXStreet Team | May 26, 2020 10:01 AM USD/ZAR formed a top at its all-time high at 19.3418 and is fast approaching the March 9 high and the March 25 low as well as the 2020 uptrend line at... FXStreet Team | May 26, 2020 09:54 AM Economists at Danske Bank see inflation and the economy as SEK-negative factors but as the Riksbank did not cut rates and is not likely to do so in th... FXStreet Team | May 26, 2020 09:43 AM The pound is moving higher amid the PM's announcement to gradually reopen shops in June, ignoring the Cummings scandal, FXStreet's analysts Yohay Elam... FXStreet Team | May 26, 2020 09:35 AM The EUR/CHF short-term trend seems to be shifting higher, with key resistance seen at 1.0651/62, analysts at Credit Suisse apprise. Commerzbank's Kare... FXStreet Team | May 26, 2020 09:29 AM The UK negotiations with the EU will again draw attention and weigh negatively on the GBP, which leads economists at Danske Bank to forecast EUR/GBP a... Pablo Piovano | May 26, 2020 09:08 AM Senior Economist at UOB Group Alvin Liew assessed the recent BoJ event and the prospects of extra easing by the central bank in the next months. Key Q... FXStreet Team | May 26, 2020 09:04 AM GBP/USD Tuesday's four-hour chart is showing momentum has turned positive, as FXStreet's analyst Yohay Elam notes. FX Strategists at UOB Group also se... Pablo Piovano | May 26, 2020 08:55 AM EUR/USD is resuming the upside on Tuesday after bottoming out in the 1.00870 region at the beginning of the week. The bullish attempt is now re-target... Yohay Elam | May 26, 2020 08:47 AM One rule for people at the top, another for all the rest – senior Downing Street adviser Dominic Cummings has no regrets for violating the lockdown he... FXStreet Team | May 26, 2020 08:39 AM Economists at Danske Bank believe EUR/USD will remain range-bound and target 1.07 in 12M while an uptick in global reflationary trends continues to be... FXStreet Team | May 26, 2020 08:32 AM EUR/JPY weakness last week has been contained by support from its 13-day average and the 38.2% retracement of the rally from early May at 117.08/116.9... FXStreet Team | May 26, 2020 08:27 AM OCBC Bank's strategists think the current oil rally needs to take a breath though the price is expected to hit $40 by year-end. Check more info about ... Pablo Piovano | May 26, 2020 08:22 AM FX Strategists at UOB Group noted the outlook on USD/CNH remains constructive with a tough hurdle in the 7.1652 level. Key Quotes 24-hour view: "After... FXStreet Team | May 26, 2020 08:19 AM On 21 May, strategists at TD Securities opened a long USD/ZAR position at 17.92, which has now been stopped at a 2.6% loss. Key quotes "While the rand... FXStreet Team | May 26, 2020 08:12 AM The euro has been benefiting from a series of positive news coming out of the old continent and by investors shrugging off concerns about Sino-America... Pablo Piovano | May 26, 2020 08:10 AM DXY is losing the grip on Tuesday after three consecutive sessions posting gains, including Monday's test of the 100.00 neighbourhood. Sellers now loo... |
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