Jin: Dollar Index May Have Found Its Bottom
Earlier on this year, we have seen the U.S. Dollar Index (DXY) rally past the 100 mark after COVID-19 has…
European Economics Preview: UK Spending Review Announcement Due
UK Chancellor Rishi Sunak is set to unveil spending review for the financial year 2021-22 on Wednesday. Due to uncertainty…
Jin: Daily Currency Analysis (25 November 2020)
USD Overview Yesterday, USD weakened against all major currencies. The Preliminary GDP q/q data (Forecast: 33.1%, Previous: 33.1%) will be…
Forex update AUDUSD buy trade idea
There is a strong risk on sentiment and the AUDUSD has broken out through resistance at 0.7340, I will wait…
XE Market Analysis: Asia – Nov 24, 2020
The Dollar ran higher into the N.Y. open and beyond on Tuesday, taking the DXY from 92.19 to 92.55. The…
XE Market Analysis: North America – Nov 24, 2020
The dollar and yen came under pressure as risk-on positioning re-established. Pound outperformance was another theme. The MSCI Asia-Pacific ex-Japan…
Federal Reserve Board announces termination of enforcement action with Florida First City Banks, Inc.
Federal Reserve Board announces termination of enforcement action with Florida First City Banks, Inc. For more info about this post:…
German Business Confidence Falls Amid Renewed Covid-19 Restrictions
German business sentiment deteriorated in November as companies were more pessimistic about future amid the second wave of coronavirus infections…
AUD/USD Remains on the Upside
AUD/USD has resumed the upwards move after a brief pause. The pair is currently trading at 0.7362 with immediate resistance…