The CAD rallied yesterday but is currently struggling on profit-taking despite upbeat comments by Bank of Canada’s chief Poloz. However, the coronavirus situation could present some…
EUR/USD has hit a four-month low overnight after ECB President Christine Lagarde defended the stimulus measures being wary of possible side effects. EUR/USD is currently at…
The Hungarian Forint could pick up some steam against the Euro in the first quarter in 2020. As the Euro strengthened a fair bit in recent…
If the current decline in stock markets continues, the JPY will enjoy increased demand as a safe-haven currency. Major bourses have slid into negative territory this…
With the outbreak of the virus continuously intensifying in China, another US trade-reliant partner, Australia, keeps being under pressure. The AUD is therefore on a downturn…
Technicals on major support point to a rise in the GBP for now. We bought the market with SL at 1.2980and TP at 1.3140 as the…
The AUD/USD pair seems vulnerable and could further to lose steam despite a rather positive RBA outcome this morning. The Reserve Bank of Australia (RBA) left…
As the coronavirus continues to wreak havoc, a major decline in stocks markets could also push the DAX much lower and we’d like to sell below…
The Coronavirus in China intensifying we could see the AUD losing further momentum. A global slowdown would leave iron ore-rich Australia in a bad shape and…
Having failed to push higher the USD seems to be losing steam. Yesterday, the US Federal Reserve left rates unchanged as widely expected, claiming that the…
