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FXStreet Team | Nov 02, 2020 12:55 PM
The Reserve Bank of Australia (RBA) is set to announce its Interest Rate Decision on Tuesday, November 3 at 03:30 GMT and as we get closer to the rele...
FXStreet Team | Nov 02, 2020 12:17 PM
EUR/JPY maintains its break of a cluster of key supports at 122.38/23 and analysts at Credit Suisse stay biased lower for the 200-day average (DMA) at...
Pablo Piovano | Nov 02, 2020 12:01 PM
Lee Sue Ann, Economist at UOB Group, reviewed the latest ECB event and its prospects of extra easing in December. Key Quotes "Whilst further monetary ...
Pablo Piovano | Nov 02, 2020 11:56 AM
DXY briefly tests the 100-day SMA in the 94.30 area earlier on Monday, although it runs out of steam soon afterwards. Further upside now aligns the Se...
FXStreet Team | Nov 02, 2020 11:53 AM
Chile IMACEC came in at -5.3%, above forecasts (-7%) in October...
Pablo Piovano | Nov 02, 2020 11:49 AM
Senior Economist at UOB Group Alvin Liew assessed the latest BoJ event. Key Quotes "In its scheduled Monetary Policy Meeting (MPM) on Thursday (29 Oct...
Pablo Piovano | Nov 02, 2020 11:45 AM
The selling momentum in EUR/JPY appears to have met some decent contention in the 121.60 region (Friday). The likeliness of extra losses does remain o...
FXStreet Team | Nov 02, 2020 11:37 AM
S&P 500 approaches the US election, as is often the way at major events, just above its key support at 3209/3199, which needs to hold post the electio...
Pablo Piovano | Nov 02, 2020 11:35 AM
The Bank Negara Malaysia (BNM) is forecasted to keep the policy rate unchanged at its meeting on Tuesday, noted Economist at UOB Group Lee Sue Ann. Ke...
FXStreet Team | Nov 02, 2020 11:01 AM
The increase in US market capitalisation is driven by the tech company sector. An economic policy that is less positive for tech companies in the US (...
FXStreet Team | Nov 02, 2020 10:51 AM
The US dollar is continuing to benefit from the deteriorating outlook for growth in Europe. It has helped to lift the dollar index back towards the to...
Pablo Piovano | Nov 02, 2020 10:23 AM
Lee Sue Ann, Economist at UOB Group, suggests the RBA could cut its policy rate to 0.10% at its Tuesday's meeting. Key Quotes "We expect the RBA to ea...
FXStreet Team | Nov 02, 2020 10:19 AM
EUR/CHF is seeing the expected break of the pivotal 200-day moving average (DMA) at 1.0676 on Monday. A close beneath 1.0676 would see an acceleration...
Pablo Piovano | Nov 02, 2020 10:18 AM
The selling bias around the single currency remains well in place for yet another session on Monday and drags EUR/USD to fresh 2-month lows in the 1.1...
FXStreet Team | Nov 02, 2020 10:00 AM
GBP/USD has dipped below 1.2865, a double-bottom recorded during October. While the break is yet to be confirmed, pressure is mounting after the UK an...
Yohay Elam | Nov 02, 2020 09:52 AM
Is France ready to fry fewer fish? Reports about progress on the sensitive issues of fisheries – perhaps due to a compromise from Paris – has been hol...
FXStreet Team | Nov 02, 2020 09:32 AM
Florida may give an early victory for Biden while Pennsylvania may give Trump four more years – or trigger contention. North Carolina is the most crit...
FXStreet Team | Nov 02, 2020 09:30 AM
United Kingdom Markit Manufacturing PMI registered at 53.7 above expectations (53.3) in October...
FXStreet Team | Nov 02, 2020 09:16 AM
The euro has shifted lower on the back of dovish commentary from the European Central Bank (ECB). Economists at Rabobank see risk that long EUR positi...
FXStreet Team | Nov 02, 2020 09:13 AM
The aussie felt the heat of resurgent coronavirus cases in Europe and the US, despite Australia managed to control the latest outbreak, and is at risk...
Pablo Piovano | Nov 02, 2020 09:02 AM
FX Strategists at UOB Group noted the upside bias in USD/CNH could lose momentum if 6.6750 is cleared in the next weeks. Key Quotes 24-hour view: "Las...
FXStreet Team | Nov 02, 2020 09:00 AM
European Monetary Union Markit Manufacturing PMI above expectations (54.4) in October: Actual (54.8)...
FXStreet Team | Nov 02, 2020 09:00 AM
Greece Markit Manufacturing PMI declined to 48.7 in October from previous 50...
FXStreet Team | Nov 02, 2020 09:00 AM
The US ISM Manufacturing Purchasing Managers' Index is set to remain above 55, reflecting moderate growth. The publication serves as a clue toward Fri...
Pablo Piovano | Nov 02, 2020 08:58 AM
The greenback, when tracked by the US Dollar Index (DXY), remains firm and advances further north of the 94.00 mark so far on Monday. US Dollar Index ...
FXStreet Team | Nov 02, 2020 08:55 AM
Germany Markit Manufacturing PMI above forecasts (58) in October: Actual (58.2)...
FXStreet Team | Nov 02, 2020 08:51 AM
France Markit Manufacturing PMI above forecasts (51) in October: Actual (51.3)...
FXStreet Team | Nov 02, 2020 08:50 AM
USD/CAD rose smartly last week gaining 1.5% as the second wave of the pandemic in Europe and the United States revived the general dollar safety-trade...
FXStreet Team | Nov 02, 2020 08:45 AM
Italy Markit Manufacturing PMI registered at 53.8 above expectations (53.5) in October...
FXStreet Team | Nov 02, 2020 08:30 AM
Hong Kong SAR Retail Sales below forecasts (-10.8%) in September: Actual (-12.9%)...
FXStreet Team | Nov 02, 2020 08:30 AM
Switzerland SVME - Purchasing Managers' Index below forecasts (54.4) in October: Actual (52.3)...
FXStreet Team | Nov 02, 2020 08:25 AM
The AUD/USD pair remains supported near-term at around 0.7000, but vulnerable to a break. Economists at Westpac believe trade below 0.70 may become fr...
FXStreet Team | Nov 02, 2020 08:15 AM
Spain Markit Manufacturing PMI above forecasts (51) in October: Actual (52.5)...
FXStreet Team | Nov 02, 2020 08:13 AM
EUR/USD has been under pressure amid the increase in European coronavirus cases. Monday's 4-hour chart is showing oversold conditions, pointing to a b...
Pablo Piovano | Nov 02, 2020 08:10 AM
USD/JPY risks a move below the 104.00 level as long as it does not break above 105.00 in the next weeks, suggested FX Strategists at UOB Group. Key Qu...
FXStreet Team | Nov 02, 2020 08:03 AM
The USD/JPY markets balanced the competing risk-off trades and the pair ended last week in almost the same place as it started. Pandemic fears resurfa...
Yohay Elam | Nov 02, 2020 08:02 AM
A new week, same dead-cat bounce? Fundamentals of EUR/USD continue pointing to the downside, and only oversold conditions seem to provide a temporary ...
FXStreet Team | Nov 02, 2020 08:00 AM
Netherlands, The Markit Manufacturing PMI declined to 50.4 in October from previous 52.5...
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