Sbor
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GBP/USD Outlook: Better than expected UK PMI data keep pound afloat despite weaker euro and firm dollar
GBP/USD
Cable was dragged by weaker Euro after German court announcement and hit session low at 1.2420, but better than expected UK PMI data (Services Apr 13.4 vs 12.2 f/c/Composite Apr 13.8 vs 12.9 f/c) offset negative impact and inflated pound again. The pair bounced from daily Kijun-sen (1.2405)
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NZD/USD analysis: Two scenarios likely
NZD/USD
The New Zealand Dollar surged by 40 pips or 0.67% against the US Dollar on Monday. The currency pair breached the 50– and 200– hour SMAs during the first part of Tuesday's trading session.
Currently, the exchange rate is testing a resistance level formed by the weekly pivot point at 0.6074.
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XE Market Analysis: North America - May 05, 2020
The dollar and yen rose against most currencies during the European morning, correcting some of the losses seen against the commodity currencies during the Asia-Pacific session. The two currencies, which broke the recent correlative pattern by rising despite a backdrop of buoyant global stock market
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FX Weekly: US-China political entanglement sees risk rise in the East
The US-China political entanglement sees risk rise in the East
The RMB is getting caught in a new US-China political entanglement as the White House's China hawks, who have Trump's ear, are seizing the moment. Smaller spats are emerging between China and Australia, China and Germany, and even China
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Gold prices seesaw around $1,700 amid challenges to US-China trade deal
Gold prices gradually recover from the intraday low.
US President Trump cites an intelligence report suggesting China’s mishandling of virus outbreak, threatens to end the trade deal.
Concerns surrounding additional stimulus from the US, New Zealand act as the latest catalysts.
A light economic cale
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Markets Outlook: All eyes on US Non-Farm Payrolls
All eyes on the granddaddy of them all: US Non-Farm Payrolls
Week Ahead
With the coronavirus pandemic continuing to dominate market attention, investor attention over the week ahead will turn to April's US jobs report where the unemployment rate is widely expected to reach multi-decade highs.
Cent
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S&P 500 Futures drop 1.5% as US-China tension flares up risk aversion
S&P 500 Futures registers three-day losing streak to revisit one-week low.
US 10-year Treasury yields down 2.2 basis points (bps) to 0.618%.
US President Trump cites an intelligence report to allege China for the virus outbreak.
Positive news concerning the virus cure fails to get traders’ atten
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European Shares Set To Open On Cautious Note
European stocks are likely to open a tad lower on Wednesday after sharp gains in the previous session on optimism over phased easing of coronavirus restrictions by some countries.
Despite growing evidence that the coronavirus pandemic is still raging, U.S. President Donald Trump said the coronavirus
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Guess Nonfarm Payrolls for April!
Will you be the best guesser to take away 30 FollowCash in forecasting the outcome of Non-farm Payrolls?The previous NFP data in February was 273K, the NFP data in March was -701K, and the market expects it to be -21500K for April. A low payroll figure will lead FOREX traders to favor
Pull-up Update