Pablo Piovano | Nov 10, 2020 12:23 PM Senior Economist at UOB Group Alvin Liew assesses the latest FOMC meeting. Key Quotes "As widely expected, the FOMC voted at its November meeting unan... FXStreet Team | Nov 10, 2020 12:20 PM USD/JPY trades at around 105.30, near the 105.64 top, as the dollar remains strong in quieter markets. The pair retains its bullish bias with initial ... Pablo Piovano | Nov 10, 2020 12:18 PM The Turkish lira fades part of Monday's gains and motivates USD/TRY to resume the upside to as far as the 8.40 region on turnaround Tuesday, where som... Valeria Bednarik | Nov 10, 2020 11:58 AM Markets are looking a bit more calmer this Tuesday, stabilizing after yesterday's enthusiasm. The American dollar gave up some ground in corrective m... FXStreet Team | Nov 10, 2020 11:56 AM EUR/TRY briefly overcome the psychological 10.0000 mark and made a new all-time high at 10.1969 before topping out. The pair now targets the 9.3702/35... Yohay Elam | Nov 10, 2020 11:52 AM Gold has attempted a recovery after being hit hard by the news of a breakthrough in developing a coronavirus vaccine. The dramatic announcement by Pfi... Pablo Piovano | Nov 10, 2020 11:46 AM UOB Group's Senior Economist Julia Goh and Economist Loke Siew Ting give their opinion on the latest foreign portfolio inflows into the Malaysian econ... FXStreet Team | Nov 10, 2020 11:14 AM The USD/JPY pair has reversed dramarically higher, negating last week's bearish "outside week" but still needs to clear 105.75/92 to suggest a base ha... FXStreet Team | Nov 10, 2020 11:06 AM It's been a year of dramatic swings and unpredictability, and the 2020 US election was no exception. But at least some clarity is now in view, as Pres... FXStreet Team | Nov 10, 2020 11:00 AM South Africa Manufacturing Production Index (YoY) came in at -2.6%, above forecasts (-7%) in August... FXStreet Team | Nov 10, 2020 11:00 AM United States NFIB Business Optimism Index came in at 104, above forecasts (102.2) in October... FXStreet Team | Nov 10, 2020 10:47 AM Potential end comes into sight for COVID-19 crisis but a difficult winter still lies ahead. The vaccine breakthrough reinforced risk asset rally with ... Pablo Piovano | Nov 10, 2020 10:44 AM Enrico Tanuwidjaja, Economist at UOB Group, and Haris Handy, reviewed the latest FX reserves figures in Indonesia. Key Quotes "Indonesia's foreign exc... Pablo Piovano | Nov 10, 2020 10:30 AM The single currency extends the weekly leg lower and forcs EUR/USD to break below the 1.18 mark and print fresh weekly lows. EUR/USD offered on downbe... FXStreet Team | Nov 10, 2020 10:17 AM GBP/USD has been rising on hopes for a COVID-19 vaccine. Yet also other developments are positive for the pound but there is a duo of downside risks w... FXStreet Team | Nov 10, 2020 10:10 AM NZD/USD continues to climb higher following the completion of a bull "triangle" continuation pattern and a very large "head and shoulders" base to sug... Yohay Elam | Nov 10, 2020 10:05 AM "UK rollout of Covid vaccine could start before Christmas" – Hopes for a vaccine have been the main reason for the safe-haven dollar's decline and the... FXStreet Team | Nov 10, 2020 10:03 AM European Monetary Union ZEW Survey – Economic Sentiment came in at 32.8 below forecasts (63.7) in November... FXStreet Team | Nov 10, 2020 10:02 AM Spain 12-Month Letras Auction dipped from previous -0.501% to -0.562%... FXStreet Team | Nov 10, 2020 10:02 AM Spain 6-Month Letras Auction dipped from previous -0.511% to -0.563%... FXStreet Team | Nov 10, 2020 10:01 AM Greece Consumer Price Index - Harmonized (YoY) climbed from previous -2.3% to -2% in October... FXStreet Team | Nov 10, 2020 10:00 AM Greece Consumer Price Index (YoY) increased to -1.8% in October from previous -2%... FXStreet Team | Nov 10, 2020 10:00 AM Germany ZEW Survey – Current Situation came in at -64.3, above forecasts (-65) in November... FXStreet Team | Nov 10, 2020 10:00 AM Germany ZEW Survey – Economic Sentiment below expectations (41.7) in November: Actual (39)... Pablo Piovano | Nov 10, 2020 09:48 AM UOB Group's Senior Economist Julia Goh and Economist Loke Siew Ting assessed the Budget 2021 figures in Malaysia. Key Quotes "Budget 2021 carries sign... FXStreet Team | Nov 10, 2020 09:44 AM History shows that following the election, investors seem to turn their focus back to the economic outlook. During past transition periods between out... FXStreet Team | Nov 10, 2020 09:04 AM EUR/HUF has come close to the April peak at 369.53 by rising to 369.28 in October before rapidly falling again towards the October low at 355.82, Axel... FXStreet Team | Nov 10, 2020 09:00 AM Italy Industrial Output s.a. (MoM) below expectations (-2%) in September: Actual (-5.6%)... FXStreet Team | Nov 10, 2020 09:00 AM Italy Industrial Output w.d.a (YoY) came in at -5.1% below forecasts (-1.7%) in September... Pablo Piovano | Nov 10, 2020 08:58 AM USD/CNH keeps the negative outlook and faces strong support in the 6.5300 level according to FX Strategists at UOB Group. Key Quotes 24-hour view: "We... Pablo Piovano | Nov 10, 2020 08:51 AM Following Monday's strong gains, the US Dollar Index (DXY) now loses some upside momentum and returns to the 92.60 region. US Dollar Index appears cap... FXStreet Team | Nov 10, 2020 08:23 AM The US election outcome may not have delivered a blue wave but the overall macro picture favouring risky assets, USD weakness and low global yields re... FXStreet Team | Nov 10, 2020 08:12 AM EUR/USD has retreated from its high above 1.19 amid the market see-saw and as most of the continent remains under restrictions. US politics, German da... Yohay Elam | Nov 10, 2020 08:03 AM Light at the end of the tunnel – but not a euphoric kaleidoscope trip that ends with a hangover. A vaccine for COVID-19 seems to be within reach after... FXStreet Team | Nov 10, 2020 08:03 AM American pharma giant Pfizer and Germany's BioNTech announced their COVID-19 vaccine is 90% efficient, triggering a massive rally in markets. Pfizer h... FXStreet Team | Nov 10, 2020 08:00 AM Slovakia Industrial Output (YoY) above expectations (-2%) in September: Actual (-0.2%)... |
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