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FX Daily: Treading Carefully With Risk

10:56am, Friday, 01'st May 2020
With the S&P 500 seemingly stalling at a 62% technical retracement of the Feb-Mar sell-off and the market conservatively only looking for a 20% fall in S&P 500 earnings this year, it looks as though i

EUR/USD Daily Outlook – Friday, May 1

09:07am, Friday, 01'st May 2020
EUR/USD Daily Outlook. Technical analysis tells us that the price is moving up to the previous resistance level.

SPDR ETF Report For Thursday, April 30

04:00am, Friday, 01'st May 2020
A review of the day's trading in various SPDR-ETF markets.
Canadian Dollar outlook remains mired by crude oil prices and coronavirus recession risk.

ECB Takes Center On The Stage

12:27pm, Thursday, 30'th Apr 2020
The ECB meets on the heels of the poor data. They are unlikely to have surprised officials. The question is, what else can the ECB do?
There is an ambiguous technical pattern on the EUR/USD currency pair. At the moment, the key support and resistance levels are 1.0845 and 1.0890, respectively.

Today's ECB rate decision and the EUR/USD pair

10:28am, Thursday, 30'th Apr 2020
"Taking a very broad-brush approach to today's ECB rate decision leaves us with two plausible scenarios," BMO FX analyst Stephen Gallo writes. "In Scenario 1 the ECB is very aggressive wi
The FTSE is pointing to a strong start on the open as sentiment remains upbeat on signs of progress in treating coronavirus and as oil continues its advance.

EUR/USD Daily Outlook – Thursday, April 30

06:54am, Thursday, 30'th Apr 2020
EUR/USD Daily Outlook. The currency pair is currently in a range without a clear signal where it will make next move. Being patient is crucial in these times.

Dollar Lower On FOMC. No Sugar Coating From Powell

08:18pm, Wednesday, 29'th Apr 2020
The prospect of a treatment for coronavirus along with talk of more stimulus by the Federal Reserve sent equities and currencies sharply higher.

Bitcoin En Fuego On Fed Day

02:29pm, Wednesday, 29'th Apr 2020
The portfolio is re-balancing. What's happening with Bitcoin and the USD?
The destiny of the world is now in the hands of 6 central banks, Fed, ECB, BoE (England), PBOC (China), BoJ (Japan), SNB (Swiss).

EURUSD Recovers But Remains Within Range

01:12pm, Wednesday, 29'th Apr 2020
The euro currency is posting modest gains, albeit price action remains firmly entrenched within the corridor of 1.0905 and 1.078 price levels.

Heavy Dollar amid Month-End Pressure

12:52pm, Wednesday, 29'th Apr 2020
The dollar is lower across the board as dealers attribute the selling to month-end pressures ahead of the FOMC today and ECB tomorrow and long-holiday weekend for many.
Since the beginning of this week, trades on the EUR/USD currency pair are active enough. At the same time, there is no defined trend.
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