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GBP/USD was seen consolidating this week’s recovery move from multi-week lows. A slight disappointment from the latest UK CPI figures failed to provide any impetus. The prevalent risk-on mood undermined the safe-haven USD and remained supportive. The GBP/USD pair extended its sideways consolidat

Societe Generale Research maintains a structural bullish bias on JPY via core short EUR/JPY. SocGen looks to rotates from short EUR/JPY to short GBP/JPY if EUR/JPY rises back above 120."The Macron/Merkel package is proposal, but only a proposal, to take a step in the right direction. So it's a tanta

Now as Gold climbs to fresh multi-week tops, I felt a bit regreted to sell it last week. :(BUT i won't give up. Long-term profit is my goal and little setback shall never stop me from achieving a success.

AUD/USD opens 1.7% higher after risk assets soared on investor optimismProgress in developing a COVID-19 vaccine & progress on EU package underpinsAUD and NZD the best performing currencies in refection of upbeat sentimentAUD/USD closed above 100-day MA (0.6507) for first time since Jan 23Suppor

China’s influential news outlet, Global Times, Editor-in-Chief Hu Xijin expresses his take on US President Donald Trump’s latest ‘badge of honor’ comments on US’ high coronavirus numbers.            Hu tweeted out: “Trump’s "badge of honor" rhetoric is so shocking. First, the number of COVID-19 tes

FX Strategists at UOB Group now see USD/JPY advancing to the mid-108.00s in the next weeks. Key Quotes 24-hour view: “While we expected USD to move higher yesterday, we noted that the upward pressure is mild and did not expect a break of 107.80. However, USD surged past 107.80 and touched 108.08 b

Dollar/yen has been making its way higher amid a better market mood. Can it continue rising? The technical positioning suggests more gains are possible.   The Technical Confluences Indicator is showing that USD/JPY is struggling at around 107.75, which is a cluster including the Pivot Point one-wee

The Italian daily newspaper, Corriere della Sera, reported on Wednesday that Prime Minister (PM) Giuseppe Conte is preparing to write to European Commission President Ursula von der Leyen to request more funds in a proposed EUR500 billion aid package. Conte's request for a bigger fund than the €500

AUD/USD remains confined in a range below 0.6500 mark through the early European session. Traders await a sustained breakthrough the recent range before placing fresh directional bets. The AUD/USD pair traded with a mild positive bias through the early European session, albeit lacked any strong f