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The Swedish krona, Australian dollar, Canadian dollar, and euro are firmer, while the Norwegian krone, Japanese yen, and New Zealand dollar are nursing small losses.
A surge in virus cases and record fatalities in several US states dampened the animal spirits at the end of last week.
EUR/JPY has not traded in a disciplined fashion over the past year, effectively failing to establish a stable trading range.
EUR/USD has recently ascended sharply, from around 1.09 through to 1.12 and above, yet upside has been capped mostly under 1.14. While the euro has risen sharpl

Dollar Thumped Ahead Of U.S. Jobs Report

07:30am, Thursday, 02'nd Jul 2020
The Australian dollar is firm in the upper end of yesterday's range. It is trading through a downtrend line drawn off the June 10 high. The eurozone wholesale d

FX Weekly: Limited Gains

10:25am, Wednesday, 01'st Jul 2020
The US is currently facing multiple risks that could eventually be reflected in asset prices, especially equities. We are very cautious at the moment and strong
Japan's Tankan showed a marked deterioration in sentiment in Q2 that was worse than expected. China's Caixin manufacturing PMI rose to 51.2 from 50.7 in May. Th

When Primary Is Secondary

09:10am, Tuesday, 30'th Jun 2020
China's PMI was stronger than expected, but many observers are not convinced a robust recovery is underway. The dollar is trading in the upper end of yesterday'

USD Is Offered In Quiet Start To The New Week

07:10am, Monday, 29'th Jun 2020
The dollar is softer against most major currencies but sterling. Emerging market currencies are mixed. Eastern and Central European currencies are faring the be
Our reading of technical indicators suggests that consolidative/corrective phase is nearly over, with one more push likely ahead, which could be the most impuls
Asia-Pacific markets followed the US lead and traded higher. Indices in Japan, South Korea, and Australia gained more than 1%. Europe's Dow Jones Stoxx 600 is u
Japan reported its All-Industries Activity Index plummeted 6.4% in April after a revised 3.4% decline in March (initially -3.8%). The euro peaked Tuesday near $

Risk Appetites Satiated For The Moment

09:12am, Wednesday, 24'th Jun 2020
The dollar is coming back firmer today against nearly all the major currencies. Tthe Swiss franc and yen are faring best with small gains. Outside of a handful

FX Weekly: Uncertainty Vs. Inflation

10:46am, Tuesday, 23'rd Jun 2020
Over $18tr of stimulus, both monetary and fiscal, have been added to the economy in the past 3 months (21% of the world GDP). However, market is extremely 'bear

Weebles Wobble But They Don't Fall Down

07:19am, Tuesday, 23'rd Jun 2020
However, in early Asia activity, Trump adviser Navarro seemed to have told Fox News that the US-China trade deal was over. The dollar is broadly lower, with the
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