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Saturday, July 4, 2020

U.S Dollar Strengthens Against Majors On Regaining Safe-Haven Status

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The U.S Dollar bounce back after one of the biggest sell-offs in recent years is gaining momentum. Growing concerns that the global economy is...

EUR/USD Turns Bullish On Weak Dollar Amidst Coronavirus Vaccine Hopes

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Coronavirus vaccine hopes Franco-German $545 Billion Pandemic Response Rising U.S-China TensionEUR/USD bounce back after a bearish start to the week continues to gather...

EUR/GBP Rallies Aided By Speculation That BOE Will Adopt Negative Interest Rates

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EUR/USD turns bullish amid inflation concerns in the UK. Analysts still believe that BOE might have to adopt negative interest rates. Unappealing UK...

AUD/USD Grinds Lower After Surprise U.S Job Report

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U.S Job Data Beat Upbeat Aussie Data Aussie Retail Sales BeatAUD/USD rally to three months high stalled as the Australian Dollar came under...

USD/CNY Edges Lower As Yuan Rises On Upbeat Economic Releases

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China Economy Recovery China Caixin Markit PMI Beat Stellar U.S Economic dataThe Chinese Yuan continues to grind higher against the U.S dollar as...

EUR/USD Under Pressure After NFP Beat

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Non-Farm Payroll Beat U.S Economy Resilience Eurozone Economy recovery HopesEUR/USD was under pressure on Friday morning, as the U.S Dollar strengthened on better...

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Guru Group Strengthens FX Prospects with ETX Group Acquisition

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Switzerland based, Guru Capital, has agreed terms with U.K based JRJ Group for the acquisition of ETX Group, a provider of multi-asset CFDs and...

Oil Turns Bearish on Demand Concerns Amidst COVID-19, Gold Rallies

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Coronavirus Concerns Oil Sell-Off Pressure Gold ResurgenceOil prices remained under pressure early Friday morning as fears over a second wave of coronavirus infections...

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USD/CNY Exchange Rate Grinds Higher On Yuan Weakness

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Improving Industrial Activity Contracting Chinese Exports U.S NFP And Unemployment RateThe Chinese Yuan weakened slightly against the U.S dollar, resulting in the USD/CNY...

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EUR/USD Gives Up Gains On Dollar Resurgence

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U.S Retail Sales Jump FED Chair Warning Economic release watchEUR/USD bounce-back to three-month highs stalled late Tuesday as the dollar strengthened across the...

USD/CAD Rebounds Amid Canadian Economy Recovery Concerns

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Canada Economic Recovery Concerns Rising Canadian Consumer debt Coronavirus ConcernsUSD/CAD was rangebound in the European session, on Friday, as a rally to two-week...

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