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Forex Week Ahead

UK_elections_Forex-week-ahead_FXPIG

The upcoming week will focus heavily on incremental trade updates, German economic data, an RBA rate decision, Bank of England policy meeting that comes with updated economic forecasts and the beginning of campaign season for Britain’s first December general election since 1923. While investors are skeptical that China and the US will reach a broader deal, we could see risk appetite benefit on the news that Trump and Xi will find a new site for the signing of the Phase-One deal.
Brexit will dominate the UK headlines as we wait to find out whether Boris Johnson can deliver a strong election result on December 12th. Johnson needs to avoid another gridlocked Parliament in order to get a Brexit deal done. Boris Johnson will look to grow his double-digit lead over Labour, but concerns are growing he will split some of the pro-Brexit vote to Farage’s party.

Another peak earnings season week will deliver updates from Softbank, Qualcomm, Baidu, Siemens, Ryanair, BMW, Uber, Toyota, Honda, Adidas, CVS, Walt Disney, CVS, and Occidental Petroleum.


Central Banks this week (for currencies that we offer):
Monday –RBA Rate Decision
Tuesday – Riksbank publishes minutes of October 23rd meeting
Wednesday – Bank of Thailand Rate Decision (expected to cut rates by 25bps to 1.25%), Poland Rate Decision (no change expected)
Thursday – BOE Rate Decision, Inflation Report
Friday – No meetings

World leaders, Central Bank Speakers and Energy Ministers (at the time of writing)
Monday – No speeches
Tuesday – OPEC releases its World Oil Outlook, China President Xi Jinping speaks at Shanghai Expo, Fed’s Kashkari and Kaplan speak, ECB’s Villeroy speaks in Lyon
Wednesday – ECB Forum on Banking Supervision
Thursday – BOE Gov Carney Rate Press Conf, Fed’s Kaplan and Bostic speak, European Commission publishes its economic forecasts
Friday – Bank of Canada Deputy Governor Paul Beaudry speaks in Ottawa, Fed’s Daly speaks at research conference.

USD

After a third consecutive rate cut, the Fed is now on hold. Trade remains the primary catalyst for risk appetite and optimism is high for the phase-one deal to get done this month. Doubts are high for a broader deal, but we could see marginal progress keep risk appetite pressure on safe-havens including the US dollar. With a strong US consumer and a labor market that remains healthy, the US continues to seem poised to have the economy grow around 2%. For the next major leg of dollar weakness, we may need a rebound in Europe or significant weakness with the US consumer.

A dollar top was put in October and we could see further weakness for the greenback in the short-term.

BOE

Once again this is expected to largely be a non-event, with the press conference after likely to draw a lot of questions around Mark Carney’s term, which is scheduled to end at the end of January, when the UK leaves the EU. Already people are discussing whether this should be extended.

The interest rate decision itself won’t be up to much, with markets heavily pricing in no change. As ever, the inflation report will hold the clues, with Boris Johnson’s deal enabling the smooth Brexit that the BoE has long based their assumptions on.

Bitcoin

China’s openness to Blockchain saved Bitcoin in October. Regulatory hurdles will take years to develop, so for now, Bitcoin remains king in the digital coin space.  It seems the $7,500 to $10,000 range is firmly in place, with investor appetite slowly returning for cryptos.

Oil

Oil continues to trade in a range as rising supply concerns cap any rallies we see driven on optimism for demand.  Remains vulnerable to global growth worries and further attacks in the middle east.

Gold

Gold has mixed flows ETF investors have turned bullish while futures trades are bears. Despite a blowout US nonfarm payroll and trade optimism for a phase-one deal to get done this month, gold remains supported on macro risks to the global outlook.   If gold breaks out above $1,550 an ounce, watch out, we could see bullish momentum takeover.

Brexit

Brexit is on hold and the UK is in election mode as Boris Johnson works to secure the majority that will enable him to get his deal ratified by Parliament before 31 January. This is the most unpredictable election in decades with voters forced in many cases to choose between party allegiance and Brexit. This creates the perfect void that the Brexit party and Liberal Democrats have all-too-happily filled. The Conservatives remain favourites to secure a majority in Parliament but ultimately it comes down to what group will get over the line, the second referendumers/revokers or those fully committed to leaving on 31 January, whether with Boris’ deal or none. It will be close and there could be a few surprises on 12 December. Until then, markets are looking very relaxed with the pound continue to hover around post-deal highs, around 1.30 against the dollar.

No deal risks may have receded, alleviating pressure on the currency but a new headwind my materialise if Corbyn can repeat his surge in 2017. This wasn’t enough to stop May then but it did prevent a Conservative majority. A Labour led coalition government may still be a big concern for markets.

US

Impeachment inquiries or the narrowing of the Democratic field will likely see limited impact in the short-term.  Candidates Warren and Sanders continue to make calls for stronger action on powerful tech companies. If we see a progressive Democratic nominee, this will weigh on stocks and in particular, Amazon and Facebook.

Japan

BOJ unchanged. In watch and wait mode. Industrial Production rose but data generally average to poor. Two minsters resigned over improper donations. Trade sensitive. BOJ running out of monetary options. No other significant impact.

Hong Kong

HK Adv. Gdp growth slumps to -3.2%, officially in recession. HKMA cuts rates after FOMC. HSBC cuts prime lending rate for 1st time in 11 years. China direct intervention remote. Early signs capital flight as Singapore offshore deposits rise. Ongoing violent protests.

China

It all comes down to whether US and China can agree terms to the “Phase One” trade deal ahead of a scheduled meeting between Xi and Trump next month. China official PMI lower at 49.3 with Caixan PMI Friday. V. Bad number. China Industrial Profits fell. Weak economic data out of China has a serious knock-on effect for most of Asia, who rely heavily on exports to China. It’s also likely to filter down to slower global growth.

North Korea

No News.  No direct impact for markets at the moment.

Malaysia

Continued soft data from Malaysia as it suffers budgetary constraints and trade war fallout. Negara policy decision next week. Likely to cut after the FOMC cut. Capital flight if EM cannot rally on interim trade deal or US/China relations worsen.

Australia

Australia home sales to rise 7.3% PPI stuck at 0.4% Aussie retail sales Sunday and PMI Mondy key indicators for RBA. Very trade sensitive. Risk of housing bubble as high street shopping sector collapses.

Argentina

Now that the elections are over, Argentina’s new leadership could explore more unconventional measures to support the economy. One idea that is getting some momentum is the idea of dollarization. Argentina always seems to be flirting with economic emergencies over most Argentineans lifetimes. This would be a nuclear option, that could help bring back economic integrity to Buenos Aires.

A default on its debt by Argentina is not a new item, but it has gained traction despite the best efforts of the current government, the IMF and even the candidate most likely to lead the next government. Contagion risks are high as confidence in the region would suffer if the US-China trade war remains active. The IMF will not make a decision until holding formal talks with Fernandez, with uncertainty remaining high.

Chile

Chile’s cancellation of the APEC summit showed the world that President Pinera is nowhere near controlling the social unrest. Chile’s peso fell to a 16 year low and further pressure could be on the horizon as no end is in site for this wave of protests. If protests continue, Chilean markets will continue to suffer despite improved risk appetite. Copper prices have risen as Chilean mine union have joined the protests by halting production on certain dates. Chile is a major producer of the red metal.

Brazil

The Brazilian government is continuing to make strong efforts to boost the economy with a new economic package. The October 30th rate decision delivered another 50bps rate cut, with policymakers emphasising benign inflation paves the way for further policy adjustment. The BCB is expected to cut again in December.

South Africa

Moody’s expected downgrade of South Africa’s credit outlook to negative should come as no surprise to investors following the release of their budget.  Investors might try to buy the rand on a dip as South African assets still provide a strong advantage for their fixed income market.

This Week

Sunday, November 3rd

8:30pm AUD Retail Sales M/M: 0.4%e v 0.4% prior

Monday, November 4th

3:45am-4:00am EUR Major European Final Manufacturing Data

4:30am GBP Construction PMI: No est v 43.3 prior

4:30am EUR Sentix Investor Confidence: No est v -16.8 prior

10:00am USD Factory Orders M/M: -0.4%e v -0.1% prior

8:45pm China Caixin PMI Services M/M: 51.5e v 51.3 prior

10:30pm AUD RBA Interest Rate Decision: Widely expected to keep rates steady

Tuesday, November 5th

4:30am GBP UK Services PMI: 49.8e v 49.5 prior

8:30am USD Trade Balance: -$53.0Be v -$54.9B prior

8:30am CAD Int’l Merchandise Trade: No est v -0.96B prior

10:00am USD ISM Non-Manufacturing PMI: 53.5e v 52.6 prior

10:00am UDS Jolts Job Openings: No est v 7051 prior

4:45pm NZD Unemployment Rate: 4.1%e v 3.9% prior

7:30pm JPY Japan Final PMI Services: No est v 50.3 prelim

Wednesday, November 6th

2:00am EUR Germany Factor Orders M/M: -0.1%e v -0.6% prior

3:45am-4:00am EUR Major European Services PMI data

5:00am EUR Euro Zone Retail Sales M/M: 0.0%e v 0.3% prior  

8:30am USD Prelim Nonfarm Productivity Q/Q: 0.8%e v 2.3% prior

10:00am CAD Ivey PMI: No est v 48.7 prior

10:30am Crude Oil Inventory Report

7:30pm AUD Trade Balance (A$): 5.1Be v 5.9B prior

Thursday, November 7th

2:00am EUR German Industrial Production M/M: -0.5%e v +0.3% prior  

3:30am EUR German Construction PMI: No est v 50.1 prior

4:00am EUR Italy Retail Sales M/M: No est v -0.6% prior

4:00am EUR ECB Economic Bulletin

5:00am EUR EU Commission Economic Forecasts

6:00am ZAR South Africa Manufacturing Production M/M: -0.2%e v +1.3% prior

7:00am GBP BOE Interest Rate Decision: No changes in policy expected

8:30am USD Jobless Claims: No est v 218K prior

Friday, November 8th

CNY China Trade Data

2:00am EUR German Trade Balance: No est v €16.2B prior

2:45am EUR France Industrial Production M/M: 0.0%e v -0.9% prior

8:15am CAD Housing Starts: No est v 221.2K prior

8:30am CAD Employment Change: No est v 53.7K prior

10:00am USD Prelim University of Michigan Sentiment: 96.0e v 95.5 prior

8:30pm CNY China CPI Y/Y: 3.0%e v 3.0% prior

Source: marketpulse

The upcoming week will focus heavily on incremental trade updates, German economic data, an RBA rate decision, Bank of England policy meeting that comes with updated economic forecasts and the beginning of campaign season for Britain’s first December general election since 1923. While investors are skeptical that China and the US will reach a broader deal, we could see risk appetite benefit on the news that Trump and Xi will find a new site for the signing of the Phase-One deal.
Brexit will dominate the UK headlines as we wait to find out whether Boris Johnson can deliver a strong election result on December 12th. Johnson needs to avoid another gridlocked Parliament in order to get a Brexit deal done. Boris Johnson will look to grow his double-digit lead over Labour, but concerns are growing he will split some of the pro-Brexit vote to Farage’s party.

Another peak earnings season week will deliver updates from Softbank, Qualcomm, Baidu, Siemens, Ryanair, BMW, Uber, Toyota, Honda, Adidas, CVS, Walt Disney, CVS, and Occidental Petroleum.


Central Banks this week (for currencies that we offer):
Monday –RBA Rate Decision
Tuesday – Riksbank publishes minutes of October 23rd meeting
Wednesday – Bank of Thailand Rate Decision (expected to cut rates by 25bps to 1.25%), Poland Rate Decision (no change expected)
Thursday – BOE Rate Decision, Inflation Report
Friday – No meetings

World leaders, Central Bank Speakers and Energy Ministers (at the time of writing)
Monday – No speeches
Tuesday – OPEC releases its World Oil Outlook, China President Xi Jinping speaks at Shanghai Expo, Fed’s Kashkari and Kaplan speak, ECB’s Villeroy speaks in Lyon
Wednesday – ECB Forum on Banking Supervision
Thursday – BOE Gov Carney Rate Press Conf, Fed’s Kaplan and Bostic speak, European Commission publishes its economic forecasts
Friday – Bank of Canada Deputy Governor Paul Beaudry speaks in Ottawa, Fed’s Daly speaks at research conference.

USD

After a third consecutive rate cut, the Fed is now on hold. Trade remains the primary catalyst for risk appetite and optimism is high for the phase-one deal to get done this month. Doubts are high for a broader deal, but we could see marginal progress keep risk appetite pressure on safe-havens including the US dollar. With a strong US consumer and a labor market that remains healthy, the US continues to seem poised to have the economy grow around 2%. For the next major leg of dollar weakness, we may need a rebound in Europe or significant weakness with the US consumer.

A dollar top was put in October and we could see further weakness for the greenback in the short-term.

BOE

Once again this is expected to largely be a non-event, with the press conference after likely to draw a lot of questions around Mark Carney’s term, which is scheduled to end at the end of January, when the UK leaves the EU. Already people are discussing whether this should be extended.

The interest rate decision itself won’t be up to much, with markets heavily pricing in no change. As ever, the inflation report will hold the clues, with Boris Johnson’s deal enabling the smooth Brexit that the BoE has long based their assumptions on.

Bitcoin

China’s openness to Blockchain saved Bitcoin in October. Regulatory hurdles will take years to develop, so for now, Bitcoin remains king in the digital coin space.  It seems the $7,500 to $10,000 range is firmly in place, with investor appetite slowly returning for cryptos.

Oil

Oil continues to trade in a range as rising supply concerns cap any rallies we see driven on optimism for demand.  Remains vulnerable to global growth worries and further attacks in the middle east.

Gold

Gold has mixed flows ETF investors have turned bullish while futures trades are bears. Despite a blowout US nonfarm payroll and trade optimism for a phase-one deal to get done this month, gold remains supported on macro risks to the global outlook.   If gold breaks out above $1,550 an ounce, watch out, we could see bullish momentum takeover.

Brexit

Brexit is on hold and the UK is in election mode as Boris Johnson works to secure the majority that will enable him to get his deal ratified by Parliament before 31 January. This is the most unpredictable election in decades with voters forced in many cases to choose between party allegiance and Brexit. This creates the perfect void that the Brexit party and Liberal Democrats have all-too-happily filled. The Conservatives remain favourites to secure a majority in Parliament but ultimately it comes down to what group will get over the line, the second referendumers/revokers or those fully committed to leaving on 31 January, whether with Boris’ deal or none. It will be close and there could be a few surprises on 12 December. Until then, markets are looking very relaxed with the pound continue to hover around post-deal highs, around 1.30 against the dollar.

No deal risks may have receded, alleviating pressure on the currency but a new headwind my materialise if Corbyn can repeat his surge in 2017. This wasn’t enough to stop May then but it did prevent a Conservative majority. A Labour led coalition government may still be a big concern for markets.

US

Impeachment inquiries or the narrowing of the Democratic field will likely see limited impact in the short-term.  Candidates Warren and Sanders continue to make calls for stronger action on powerful tech companies. If we see a progressive Democratic nominee, this will weigh on stocks and in particular, Amazon and Facebook.

Japan

BOJ unchanged. In watch and wait mode. Industrial Production rose but data generally average to poor. Two minsters resigned over improper donations. Trade sensitive. BOJ running out of monetary options. No other significant impact.

Hong Kong

HK Adv. Gdp growth slumps to -3.2%, officially in recession. HKMA cuts rates after FOMC. HSBC cuts prime lending rate for 1st time in 11 years. China direct intervention remote. Early signs capital flight as Singapore offshore deposits rise. Ongoing violent protests.

China

It all comes down to whether US and China can agree terms to the “Phase One” trade deal ahead of a scheduled meeting between Xi and Trump next month. China official PMI lower at 49.3 with Caixan PMI Friday. V. Bad number. China Industrial Profits fell. Weak economic data out of China has a serious knock-on effect for most of Asia, who rely heavily on exports to China. It’s also likely to filter down to slower global growth.

North Korea

No News.  No direct impact for markets at the moment.

Malaysia

Continued soft data from Malaysia as it suffers budgetary constraints and trade war fallout. Negara policy decision next week. Likely to cut after the FOMC cut. Capital flight if EM cannot rally on interim trade deal or US/China relations worsen.

Australia

Australia home sales to rise 7.3% PPI stuck at 0.4% Aussie retail sales Sunday and PMI Mondy key indicators for RBA. Very trade sensitive. Risk of housing bubble as high street shopping sector collapses.

Argentina

Now that the elections are over, Argentina’s new leadership could explore more unconventional measures to support the economy. One idea that is getting some momentum is the idea of dollarization. Argentina always seems to be flirting with economic emergencies over most Argentineans lifetimes. This would be a nuclear option, that could help bring back economic integrity to Buenos Aires.

A default on its debt by Argentina is not a new item, but it has gained traction despite the best efforts of the current government, the IMF and even the candidate most likely to lead the next government. Contagion risks are high as confidence in the region would suffer if the US-China trade war remains active. The IMF will not make a decision until holding formal talks with Fernandez, with uncertainty remaining high.

Chile

Chile’s cancellation of the APEC summit showed the world that President Pinera is nowhere near controlling the social unrest. Chile’s peso fell to a 16 year low and further pressure could be on the horizon as no end is in site for this wave of protests. If protests continue, Chilean markets will continue to suffer despite improved risk appetite. Copper prices have risen as Chilean mine union have joined the protests by halting production on certain dates. Chile is a major producer of the red metal.

Brazil

The Brazilian government is continuing to make strong efforts to boost the economy with a new economic package. The October 30th rate decision delivered another 50bps rate cut, with policymakers emphasising benign inflation paves the way for further policy adjustment. The BCB is expected to cut again in December.

South Africa

Moody’s expected downgrade of South Africa’s credit outlook to negative should come as no surprise to investors following the release of their budget.  Investors might try to buy the rand on a dip as South African assets still provide a strong advantage for their fixed income market.

This Week

Sunday, November 3rd

8:30pm AUD Retail Sales M/M: 0.4%e v 0.4% prior

Monday, November 4th

3:45am-4:00am EUR Major European Final Manufacturing Data

4:30am GBP Construction PMI: No est v 43.3 prior

4:30am EUR Sentix Investor Confidence: No est v -16.8 prior

10:00am USD Factory Orders M/M: -0.4%e v -0.1% prior

8:45pm China Caixin PMI Services M/M: 51.5e v 51.3 prior

10:30pm AUD RBA Interest Rate Decision: Widely expected to keep rates steady

Tuesday, November 5th

4:30am GBP UK Services PMI: 49.8e v 49.5 prior

8:30am USD Trade Balance: -$53.0Be v -$54.9B prior

8:30am CAD Int’l Merchandise Trade: No est v -0.96B prior

10:00am USD ISM Non-Manufacturing PMI: 53.5e v 52.6 prior

10:00am UDS Jolts Job Openings: No est v 7051 prior

4:45pm NZD Unemployment Rate: 4.1%e v 3.9% prior

7:30pm JPY Japan Final PMI Services: No est v 50.3 prelim

Wednesday, November 6th

2:00am EUR Germany Factor Orders M/M: -0.1%e v -0.6% prior

3:45am-4:00am EUR Major European Services PMI data

5:00am EUR Euro Zone Retail Sales M/M: 0.0%e v 0.3% prior  

8:30am USD Prelim Nonfarm Productivity Q/Q: 0.8%e v 2.3% prior

10:00am CAD Ivey PMI: No est v 48.7 prior

10:30am Crude Oil Inventory Report

7:30pm AUD Trade Balance (A$): 5.1Be v 5.9B prior

Thursday, November 7th

2:00am EUR German Industrial Production M/M: -0.5%e v +0.3% prior  

3:30am EUR German Construction PMI: No est v 50.1 prior

4:00am EUR Italy Retail Sales M/M: No est v -0.6% prior

4:00am EUR ECB Economic Bulletin

5:00am EUR EU Commission Economic Forecasts

6:00am ZAR South Africa Manufacturing Production M/M: -0.2%e v +1.3% prior

7:00am GBP BOE Interest Rate Decision: No changes in policy expected

8:30am USD Jobless Claims: No est v 218K prior

Friday, November 8th

CNY China Trade Data

2:00am EUR German Trade Balance: No est v €16.2B prior

2:45am EUR France Industrial Production M/M: 0.0%e v -0.9% prior

8:15am CAD Housing Starts: No est v 221.2K prior

8:30am CAD Employment Change: No est v 53.7K prior

10:00am USD Prelim University of Michigan Sentiment: 96.0e v 95.5 prior

8:30pm CNY China CPI Y/Y: 3.0%e v 3.0% prior

Source: marketpulse

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Market Analysis
Forex Today: Trump fails to reassure coronavirus-concerned America, stocks down, gold up, ECB eyed
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Market Analysis
Euro Analysis Ahead of ECB Rate Decision and Lagarde Outlook
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Market Analysis
Gold Price Pullback Fizzles Amid Speculation for More Fed Rate Cuts
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Market Analysis
Breaking: GBP/USD tumbles as BOE surprises with 50bp cut to 0.25% ahead of UK budget
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Market Analysis
Forex Today: Yen rallies hard as US stimulus doubts, coronavirus fears hit stocks, USD and yields
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Market Analysis
EUR/USD resuming rise amid doubts over US fiscal stimulus
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Market Analysis
Forex Today: Dollar dominates after the coronavirus crash amid Trump's tax promises, Chinese hopes
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Market Analysis
Global shares plunge in worst day since financial crisis
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Market Analysis
Forex Today: Monday mayhem, wild currency moves, Gold fakeout, oil -30%, amid coronavirus panic
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Market Analysis
Oil Prices Crash 25% As Oil War Begins
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Company News
Time to Spring Forward
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Market Analysis
Forex Week ahead – Market volatility here to stay
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Market Analysis
The Fed could cut rates further at the March meeting – UOB
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Market Analysis
Gold remains confined in a range, around $1640
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Market Analysis
EUR/USD flirting with daily highs around 1.1140
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Market Analysis
EUR/USD – Euro Rally May Just Be Getting Started vs US Dollar
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Market Analysis
US Pres. Trump: Fed should ease and “cut rate big”
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Market Analysis
BoE's Tenreyro: Important to highlight that we were not in a rush to raise interest rates
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Market Analysis
Coronavirus update: First confirmed case in London, total infections in Iran at 1,501
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Market Analysis
EUR/JPY Price Analysis: Upside stalled just ahead of the 200-day SMA
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Market Analysis
Forex Week Ahead – Central Banks, OPEC + and Governments prepare to cushion the coronavirus impact
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Market Analysis
US: Markets not focused on Super Tuesday
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Market Analysis
ECB's Vasiliauskas says extraordinary meeting may be called over coronavirus, EUR/USD off the highs
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Market Analysis
Markets in freefall: Carney warns UK faces downgrade over coronavirus – latest updates
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Market Analysis
ECB's Schnabel: Coronavirus increased uncertainty about global growth outlook
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Market Analysis
EUR/USD now looks to 1.0925 – UOB
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Market Analysis
Gold clings to gains near session tops, around $1650 region
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Market Analysis
Forex Today: Coronavirus clobbers markets, dollar on the defensive (for now), Bitcoin battered
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Market Analysis
Euro Outlook Somber as COVID-19 Threatens EU Corporate Debt
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Market Analysis
Gold corrects further from multi-year tops, slides to $1635 area
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Market Analysis
Forex Today: Turn-up Tuesday? Dollar, stocks bouncing, Gold down, after coronavirus-related plunge
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Market Analysis
EUR/JPY Price Analysis: Decline is challenging the 200-day SMA
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Market Analysis
US Dollar Index Price Analysis: Still scope for a move to 100.00
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Market Analysis
Forex Week ahead – Race to face the Don
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Market Analysis
FED: Three arguments for a rate cut – Nordea
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Market Analysis
Breaking: EUR/USD jumps above 1.08 as German Manufacturing PMI beats with 47.8
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Company News
FXSniper X2 Risk Available in EURO Now
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Market Analysis
GBP/USD: Overnight sharp fall
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Market Analysis
Forex Today: Long-term extremes for EUR/USD, USD/JPY, AUD/USD, Gold amid coronavirus fears, USD rally
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Market Analysis
Asian stocks slip as virus' regional spread spooks investors
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Market Analysis
Gold Futures: Green light for extra gains
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Market Analysis
EUR/USD: Possible test of 1.06 – Danske Bank
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Market Analysis
Forex Today: Yen slips as risk recovers on fading coronavirus fears; UK CPI – up next
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Market Analysis
RBA Minutes: Prepared to ease monetary policy further – ANZ
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Market Analysis
BoJ expected to ease further into 2020 – UOB
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Market Analysis
Forex Today: Risk sold amid coronavirus-led rising economic costs; a busy docket ahead
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Company News
EuroHook Pamm - The Fishermans's Bastion
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Market Analysis
EUR/USD: A bottom looks closer – UOB
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Market Analysis
Forex Week Ahead – Turning a Corner on COVID-19
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Market Analysis
Oil: Energy sector up
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Market Analysis
GBP/USD: Upsurge testing major resistance
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Market Analysis
Forex Today: EUR/USD falls toward Macron gap, Pound enjoys Javid jump, US consumer, coronavirus eyed
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Market Analysis
Australian dollar: Under the weight of the world – Westpac
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Market Analysis
US Dollar May Rise on Haven Demand as Coronavirus Fears Swell
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Market Analysis
Gold Price Analysis: Levels to watch after coronavirus-fueled jump – Confluence Detector
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Market Analysis
Gold Edges Lower as Coronavirus Worries Take Back Seat To Stock Gains
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