Dollar Extends Weak Spell
The U.S. dollar was weak against most of its peers on Friday, as the currency’s safe-haven appeal lost some sheen…
XE Market Analysis: Asia – Nov 27, 2020
The Dollar was lower overall in N.Y. trade on Friday, seeing the DXY fall to three-month lows, and within 2…
India GDP Contraction Slows, Economy Enters Recession
India’s economic contraction slowed sharply in the September quarter, but the economy entered a technical recession due to the impact…
XE Market Analysis: North America – Nov 27, 2020
Narrow ranges have been prevailing in risk-cautious trading. The DXY dollar index settled around the 92.00 level, above yesterday’s 12-week…
USD/JPY Falls On A 4th Consecutive Day
USD/JPY found extensive resistance on its short recovery path is now falling for a consecutive 4th day. The pair is…
AUD/USD Enters in a Consolidation Phase
AUD/USD uptrend seems to have lost its way and it is currently in a consolidation phase. The previous two intraday…
USD/CAD Drops Below 1.3000 and Points Further lower
As indicated in the previous analyses the USD/CAD has finally moved below the key support of 1.3000. the pair is…
Eurozone Economic Confidence Weakens Amid Second Wave Of Infection
Eurozone economic confidence weakened to a four-month low in November as new restrictions to curb the spread of Covid-19 weighed…
World forecasts revised up due to vaccine news
While a difficult few months lie ahead for many economies, the news of effective vaccines has led us to revise…