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Wednesday, August 12, 2020
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EUR/GBP Falls Ahead Of Friday ECB Meeting To Discuss EU Recovery...

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EUR/GBP drops ECB maintains current rates ECB enhances PEPP with €600 billionThe EUR/GBP is trading sideways after the ECB decided to maintain the...

NZD/USD drops as CPI drops 0.5% As AUD/USD Tumbles On Poor...

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NZD/USD eases as bearish pressure continues New Zealand CPI drops 0.5% in June The unemployment rate in Australia stands at 7.4%The New Zealand...

USD/JPY Rallies On Yen Weakness As NZD/USD Slumps At 5-Week Highs

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BOJ Policy Meeting Strengthened NZ Dollar Concern New Zeeland Economic RecoveryThe Japanese Yen weakened Monday morning against the U.S dollar, resulting in the...

EUR/GBP Turns Bearish Drops to 3-Week Lows

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£30 Billion U.K Stimulus Package Brexit Talks Progress Risk Aversion ImpactEUR/GBP selloff persisted on Friday as the British Pound remained bullish heading into...

EUR/USD Under Pressure On Euro Weakness And Dollar Strength

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Weak Eurozone Economic data Euro Selloff U.S Economy Recovery ConcernsThe EUR/USD pair is on the cusp of a two- day losing streak. Bears...

USD/JPY Range-Bound Amid Sell-Off To 1-Week Lows

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U.S Dollar Sell-Off Japan Economy Severe State Risk Aversion Spike ConcernThe U.S dollar was on the back foot against the Japanese Yen, Thursday...

USD/CNY Grinds to Five-Month Low on Yuan Strength

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Upbeat China CPI China Economy Recovery Hopes Hong Kong Security Law RiskUSD/CNY exchange rate dropped to a five-month low breaking the 7.0 barrier...

Gold Bullish At Nine-Year highs And Silver At 7-Month Highs

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Gold Nine Year Highs Risk Aversion Spike Copper Industrial DemandThe bullish momentum around gold remained intact, Wednesday morning, despite the precious metal dipping...

USD/JPY Cautiously Bullish At Support Level

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Japan Affirms Easing Programs Japan economy contraction Safe-Haven DemandThe Japanese Yen recouped some losses against the U.S Dollar, Wednesday morning, conversely sending the...

Oil Dips Amid Glut Supply Concerns And Demand Fears

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Oil Glut Concerns U.S Oil Crude stockpiles build-up Oil Demand Recovery FearsA spike in U.S crude inventory continues to pile pressure on oil...

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