Cable ignores the dollar narrative as buyers look to keep above 1.3000 0 (0)

The pound is the only currency outperforming the dollar so far today
The pair moved to a low of 1.2945 earlier in the session but held on to near-term support close to 1.2950 before rebounding to its best levels on the day now. Buyers are looking to keep a break above 1.3000 and that will be

Go to Forexlive

China’s Politburo says that monetary policy will be more targeted in 2H 2020 0 (0)

China’s Politburo comments after a work meeting to discuss its economic goals and plans for the second half of the year
The work meeting earlier was chaired by China president Xi Jinping and it looks like they will continue to keep their current policies into 2H 2020 at least, to try and bolster the economy and

Go to Forexlive

Japan reports over 1,000 new coronavirus cases for a second straight day 0 (0)

Kyodo News with the headline
This is pretty much expected after the record daily rise seen in Tokyo earlier . That should bring the total active cases across the country to nearly 10,000 at the end of the day. For some context, Japan had „only“ ~1,000 active cases as of 30 June.

Go to Forexlive