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Forex News and Market Analysis

Forex News and Market Analysis

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The data is not showing any decent rebound in the US yet, but it's still showing the previous months Full Article

48 mins
eia

Both the API and EIA Crude Oil Stocks reports came in negative this week, showing massive seven-day declines in inventories. Full Article

2 hours
swiss franc

Thus far today, the U.S. dollar is on the move vs gold, the Japanese yen, and holding firm against the Swiss Franc. Full Article

2 hours
Crude Oil remains bullish after the bounce on the H1 chart

Crude Oil has bounced higher off the 50 SMA after a retrace lower this morning Full Article

3 hours
Bank of Canada held its monthly meeting today

The Bank of Canada kept interest rates unchanged at 0.25% as expected today Full Article

4 hours
Britain's Shop Prices Fall Sharply as Non-Essential Retailers Offer Deep Discounts

Shop prices in Britain fell sharply during May as retailers tried to entice consumers by offering deeper discounts, especially on clothing Full Article

5 hours

US ADP employment report for May came much better than expected Full Article

5 hours
The pullback ended for this pair

USD/CAD retraced higher today, but the 50 SMA stopped the climb Full Article

6 hours
Australia's GDP Contracts in Q1 2020, Could Get Worse in Q2

The Australian economy fell into contraction during Q1 2020 and raises worries that the country could enter its first technical recession in Full Article

7 hours
Let's hope next month the v-shape recovery is complete

A no-deal Brexit seems more likely for the Bank of England now Full Article

7 hours
Japan's Services Sector Remains in Deep Contraction in May

The services sector in Japan remained in contraction through the month of May in the wake of the coronavirus crisis, but the rate of.. Full Article

8 hours
UK House Prices See Sharpest Monthly Fall Since Global Financial Crisis

The latest survey by Nationwide reveals that house prices across the UK fell at the fastest rate during May since global financial crisis Full Article

9 hours

US stocks have not risen in recent weeks as the Coronavirus epidemic claims hundreds of lives a day, threatening global trade and civil unre Full Article

10 hours
GBP/USD Gains as Reports Hint at Possible Progress on Brexit

GBP/USD is still trading upbeat after having risen above the 1.25 level for the first time in a month during the previous session over Full Article

10 hours
WTI Crude Oil Bids Over $37.00 Level - Eyes on Weekly Inventory Report

Crude oil is on a bullish run around 37.60, but now it's likely to find support at 36.50. While on the upside, resistance holds around 39.30 Full Article

11 hours
US Dollar Weakens as Traders Switch Towards Riskier Currencies

The US dollar continues to lose ground and weaken against other major currencies as investors switch to trade riskier assets over rising Full Article

12 hours

Gold is still consolidating in a sideways trading range of 1,743 - 1,724, but it's hard to break below 1,724 level to reach 1,714 level... Full Article

13 hours
Traders are waiting for the Phase One deal to be signed

Full Article

13 hours
Gold Under Pressure as Markets Focus on Economic Recovery

Gold prices are weakening early on Wednesday as the risk appetite in global financial markets improves as traders focus on economic recovery Full Article

14 hours
WTI Crude Oil Strengthens to Near Three Month High as OPEC Meeting Approaches

WTI crude oil prices soared close to the highest levels seen in nearly three months over reigning hopes that OPEC and allies could agree to Full Article

15 hours
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