Richard Perry | Jul 03, 2020 12:25 PM In isolation, the US economy adding +4.8m jobs (which is a record number) sounds incredible. However, this comes amidst the backdrop of employment lev... FXStreet Team | Jul 03, 2020 12:15 PM S&P 500 continued to recover in the second quarter – the best since 1998 – from its slump in the previous quarter. Nonetheless, economists at Capital ... Richard Perry | Jul 03, 2020 11:42 AM On a session where the reaction was broadly risk positive and (eventually USD supportive) in the wake of the payrolls report, gold closing decisively ... FXStreet Team | Jul 03, 2020 11:36 AM Economists at Capital Economics expect the price of Brent Crude Oil to rise as high as $60 by the end of 2022 from the current level around $42 despit... FXStreet Team | Jul 03, 2020 11:31 AM India Bank Loan Growth in line with forecasts (6.2%) in June 15... FXStreet Team | Jul 03, 2020 11:31 AM India FX Reserves, USD came in at $506.84B below forecasts ($512.046B) in June 22... Richard Perry | Jul 03, 2020 11:24 AM Even in the wake of an apparently strong Nonfarm Payrolls report (which was risk positive but eventually enable a USD rebound), there was still limite... Richard Perry | Jul 03, 2020 11:03 AM Breaking a three week corrective downtrend has the potential to be a bull move for Cable, but this will require a breach of a lower high to really shi... FXStreet Team | Jul 03, 2020 10:58 AM USD/JPY is ending the week confined to a fifteen pips' range ever since the day started, trading around the 107.50 price zone, although still lacking ... Richard Perry | Jul 03, 2020 10:52 AM Another small bodied daily candlestick suggests that it is still too early for the bulls to get excited on EUR/USD. The payrolls report eventually wei... Pablo Piovano | Jul 03, 2020 10:51 AM EUR/USD is prolonging the consolidative move at/above the 1.1200 mark at the end of the week. There is a tough support in the 1.1170/65 band. A breach... Valeria Bednarik | Jul 03, 2020 10:32 AM It's a holiday in the US, but low volumes are notable already in the European session. The USD/JPY pair is confined to a fifteen pips' range ever sin... Pablo Piovano | Jul 03, 2020 10:27 AM Senior Economist Alvin Liew at UOB Group's Global Economics & Markets Research assessed the latest Non-farm Payrolls figures. Key Quotes "It was anoth... Pablo Piovano | Jul 03, 2020 10:14 AM DXY continues to wobble around the 97.00 mark and remains well immersed into the consolidative range between 95.70 and 97.90. Dollar-bulls need to sur... FXStreet Team | Jul 03, 2020 10:09 AM The S&P 500 recovery continues driven by improving economics. The index closed the week just below the 3138 resistance and Randy Frederick from Charle... FXStreet Team | Jul 03, 2020 09:42 AM GBP/USD is on the back foot, down -0.19% on a day to 1.2245 at press time, amid the Brexit impasse and US coronavirus concerns but the easing of restr... Pablo Piovano | Jul 03, 2020 09:39 AM Senior Economist at UOB Group Alvin Liew reviewed the publication of the FOMC minutes of the June event. Key Quotes "The FOMC minutes discussion about... Pablo Piovano | Jul 03, 2020 09:28 AM EUR/JPY is losing ground for the third session in a row at the end of the week following a broad-based pick-up in the risk-off sentiment and after bei... FXStreet Team | Jul 03, 2020 09:18 AM GBP/USD seesaws around 1.2450/55 as Friday's 4-hour chart is painting a mixed picture as cable failed to break above 1.2545 whereas the pair is well-s... FXStreet Team | Jul 03, 2020 09:11 AM Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, maintains a bullish bias on EUR/JPY as the pair has rebounded from the 200-day moving aver... Yohay Elam | Jul 03, 2020 09:03 AM Brits will be celebrating this Fourth of July – not due to sympathy with their former colony rebelling and eventually overtaking them as an empire – b... FXStreet Team | Jul 03, 2020 08:50 AM Economists at Standard Chartered think the market is too downbeat on the potential for a Brexit deal and forecast GBP/USD at 1.40 by year-end and EUR/... FXStreet Team | Jul 03, 2020 08:39 AM EUR/USD has been unable to sustain gains following the upbeat US jobs figures as the pair looks directionless around 1.1230 on Friday while concern ab... FXStreet Team | Jul 03, 2020 08:30 AM United Kingdom Markit Services PMI came in at 47.1, above expectations (47) in June... Pablo Piovano | Jul 03, 2020 08:22 AM Economist at UOB Group Enrico Tanuwidjaja and Haris Handy at UOB Group assessed the latest inflation figures in Indonesia. Key Quotes "Inflation print... FXStreet Team | Jul 03, 2020 08:16 AM USD/JPY remains confined in a narrow trading band, around 107.50, as it was unable to take over the 200-DMA at 108.40, which if broken would see the p... FXStreet Team | Jul 03, 2020 08:00 AM Norway Registered Unemployment n.s.a below expectations (4.9%) in June: Actual (4.8%)... FXStreet Team | Jul 03, 2020 08:00 AM European Monetary Union Markit PMI Composite registered at 48.5 above expectations (47.5) in June... FXStreet Team | Jul 03, 2020 08:00 AM European Monetary Union Markit Services PMI registered at 48.3 above expectations (47.3) in June... |
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