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US Dollar Funding Stress May Be Checked with Fed FIMA Scheme

Apr 03, 2020

Growth correlated assets such as stocks, commodity currencies and energy have been beaten down by the coronavirus’ spread, which it’s clearly beyond the power of any authority to quickly halt

Indian Rupee May Fall as US Dollar, USD/INR Rise on Virus Cases

Apr 03, 2020

Indian Rupee selling pressure was reignited against the US Dollar in the aftermath of last week’s emergency rate cut from the RBI

Australian Dollar Firms As China Services PMI Bounces Back

Apr 03, 2020

The Australian Dollar made modest gains Friday on news that China’s private service sector saw a big March bounce in activity even if overall output continued to fall.

Asian stocks: Doubts over oil recovery, coronavirus crisis weigh on markets

Apr 03, 2020

Asian stocks part ways from Thursday’s Wall Street close as risk-tone heavies during the early Friday

Gold Price Analysis: Probes monthly resistance trendline above $1,600

Apr 03, 2020

Gold trades with mild losses near three-day high, currently down 0.07% around $1,612, while heading into the European session on Friday

EUR/USD: A test of 1.0635 remains off the table in the near term – UOB

Apr 03, 2020

We expected EUR to weaken yesterday but held the view that it is ‘unlikely to threaten the strong support at 1.0840

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