Filtered by date: 01.05.2020. Clear
  • Chart of the Day AUDCHF

    Chart of the Day AUDCHF AUDCHF Bearish – Probable Price Path Chinese PMI data released yesterday showed that the economy was in recovery mode, although driven from the domestic side at this point supported by government policy, with export orders evidently very weak. The ANZ’s NZ business outlook survey confirmed that confidence and business conditions […]

  • ECB Warns of 12% Economic Fall This Year

    Dire Economic Hit Forecast The April ECB meeting, held yesterday, saw the bank adding to the dovish tone of recent G10 central bank messages. The ECB warned that the euro-zone economy could shrink by as much as 12% this year as a result of the economic disruption caused by the COVID-19 crisis. This warning comes […]

  • The Friday Forex Takeaway – Episode 32

    Key Points From This Week BOJ Eases Further With the COIVD-19 crisis keeping many Japanese cities under lock-down, the economy continues to struggle. In a bid to address this, the BOJ took the unprecedented step this week of announcing that its bond purchase scheme will now be run at an unlimited level. Bond purchases were […]

  • Daily Market Outlook, May 01, 2020

    Daily Market Outlook, May 01, 2020 A risk-off feel has pervaded the market for the start of May and over the last day of trading for the month of April, with global equities weaker and global rates lower. Commodity currencies have underperformed.  There has been plenty of news to digest and the market has taken […]