The US governors are reversing plans to reopen their states as the country registered the biggest jump in coronavirus cases. However, markets remain bullish in trust that Fed will continue to provide...
EUR/USD will find it hard to avoid a short-term dip which could take it toward the low 1.11 area.
With the potential second virus wave and a lockdown, US stock futures could slide lower. Short SPX/USD?
Fed Chairman Powell remained cautious on the economy but ruled out negative interest rates. Long USD/JPY?
Trump administration assembled a USD1.2 trillion federal emergency fiscal package that includes sending money directly to Americans. This would temporary boost dollar due to the support offered to...
Sterling losses were erased almost immediately after optimism from the fiscal support Bank of England is going to provide. It would be better to stay at the side lines for now.
With both Fed and Bank of Canada cutting rates by 50bps, the rest of the major central banks may start to follow. Long XAU/USD?
New Zealand dollar rose after RBNZ highlights no significant change in monetary policy outlook. With further easing not likely to happen, NZD/USD could rise higher.
