Filtered by date: 03.04.2020. Clear
  • Two Factors Behind Dollar’s Strength You Need to Know

    The USD index is heading for a retest of three-year high at 103 level and currency markets may be rightly asking themselves a question about how overvalued the American currency is and is there fuel in the tanks to extend the rally.

  • OPEC Calls Emergency Meeting Amidst Oil Rout

    Will Saudi Arabia & Russia Finally Co-operate? Oil prices have turned higher at the end of the week following the calling of an emergency OPEC+ meeting next week. Following calls from President Trump to end the stand-off between Saudi Arabia and Russia, Saudi Arabia has announced the meetings for Monday April 6th. Taking to Twitter […]

  • The Friday Forex Takeaway – Episode 28

    Key Points From This Week Chinese Manufacturing Recovers Following a plunge to record lows of 35.7 in February, the Chinese manufacturing sector rebounded firmly in March to post highs of 52.3 on the Caixin PMI index. The market had been forecasting a recovery to just 44.9 and was pleasantly surprised by the news. With lockdown […]

  • Daily Market Outlook, April 3, 2020

    Daily Market Outlook, April 3, 2020  Risk sentiment was mixed during the Asian market, as earlier gains in major equity indices were pared. That followed some confusion about President Trump’s tweet yesterday that Saudi Arabia and Russia had agreed to deep oil production cuts, subsequently denied by President Putin. Brent crude oil fell back below […]

  • Daily Commodity Coverage: April 3, 2020

    USD/CAD What happened previously? The USD sideways after the sluggish weekly jobless claims number. Initial jobless claims surged to more 6.6 million last week, the Labor Department said Thursday. That brings the two-week total to about 10 million due to the coronavirus-induced economic shutdown.  USD somehow was not affected that much, while investors take the […]

  • Tickmill’s Investing Diva, USDCHF Daily Outlook 03-04-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.