COVID-19 on the Rise Again? FX Market Report

G10 FX and EM Wrap up

Dollar Index Outlook - Ahead Of NFP

June 5th

EUR/USD - ECB Backed Support But Will It…

May 23rd

The Greenback Is Still Tumbling Against the Japanese…

May 14th

EUR/USD - Euro existence under threat?

May 13th

GBP/USD – Under Pressure, Trade idea

GBP/USD fell towards the monthly supported as suggested in the previous report (11th May, 2020). UK and EU Brexit tension weight on Sterling strength. Boris Johnson's speech on getting businesses moving has drawn confusion from many.
May 13th

USD/CAD Stays Below the 1.4045 Resistance

Oil gained power again and reached the $27 mark. A 1.4045 level stopping the USD/CAD from its upward movement. On Thursday, the BOC Governor Poloz speaks
May 12th

The New Zealand Dollar Failed to Break the 0.6135 Mark

US CPI will be released on Tuesday. The New Zealand Dollar failed to break the 0.6135 mark. On Wednesday, the RBNZ will declare its interest rate decision
May 12th

USD/JPY – Upside Potential on Falling Yields?

USD/JPY has rejected sharply from its long-term bearish channel. US Treasury Yields at historical lows. Dollar Index risen to test important 100.00 level.
May 11th

GBP/USD – To Remain Under Pressure? UK Economy Reboot

GBP/USD has experienced heavy selling pressure breaking, below the rising wedge discussed on our previous analysis (29th March 2020). Generally stronger dollar being observed. Boris Johnson announces plans to reboot the economy.
May 11th

Could the EUR/USD Reach the 1.0985 Mark Again?

EUR/USD has been ranging between two marks the 1.0770 & 1.0985 levels. Negative news coming for the biggest economy in the world. A potential move from the bulls towards the 1.1000 level
May 11th

Cable Failed to Break the 1.2460 Mark

The Bank of England kept the interest rates unchanged. On Sunday, PM Boris Johnson will declare his decision about lockdown extension. The DXY Index has been under the 100 level which considered a negative territory
May 9th

Turkish Lira Records Lowest Low Ever Against the U.S. Dollar

The Turkish has been under pressure since end of November of last year. The Greenback appreciated more than 25% over the Turkish Lira.
May 7th

Why Is the Swiss Franc Losing Ground to the Greenback?

The USD/CHF pulled back to the common ranges 0.9600 & 0.9795. German court asked for justification from the ECB bond-buying program. SNB Q1 losses exceeded $39 billion dollars
May 6th

Could the Bears Push the Aussie Below the Monthly Level 0.6445?

The Aussie is tumbling ahead of the RBA interest rate decision. Strong monthly resistance is faced by the AUD/USD A war of words between Australia and China due to the pandemic
May 5th

The Greenback Is Losing Ground Against the Loonie

USD/CAD is struggling to break the monthly resistance 1.41 levelOil made a considerable rebound after it dropped below zeroMany events waiting for the Canadian Dollar next week Technical Analysis: Monthly Time Frame: With the beginning of the year, the greenback was showing power against the Canadian Dollar, by appreciating more than 13%. However, the…
May 4th

The British Pound Could Not Stay Above the Monthly 1.2515 Mark

The GBP/USD could not stay above the 1.2515. A lower UK Manufacturing PMI this month. Britain has the second-highest COVID-19 death toll in Europe
May 3rd