Breaking news

Apple Inc’s revenue warning underscored the financial fallout of the coronavirus epidemic in China. More companies may lower growth forecast for the near term. Buy XAU/USD at dip.

With the number of coronavirus cases increasing and the slowdown in the euozone’s economy, it may be too early to call for a bottoming of EUR/USD. EUR/USD can still move lower.

Despite the bullish comments from RBNZ, the fear of coronavirus impacting the economy will keep investors cautious. Short NZD/USD?

With the bushfires and coronavirus continuing to weigh on Australia’s domestic growth, RBA may be forced to cut rates next month. Short AUD/JPY?

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.

German PMI fell to a decade low at 41.4, confirming doubts that Germany is tipping into a recession. EUR/NZD could head lower towards the 1.7300 price level.

Trump said on Twitter today that the US will delay a tariff increase of USD$250 billion on Chinese imports that was to take effect 1 October. Long AUD/JPY?

Trump said on Twitter today that the US will delay a tariff increase of USD$250 billion on Chinese imports that was to take effect 1 October. Long AUD/JPY?

Treasury yields recovered as risk sentiments stabilised due to US-China trade tensions easing and investors fear the ECB could announce less stimulus this week.

Governor Lowe kept rates unchanged as it awaits further insights from economic data before slashing rates again. EUR/AUD could head lower.