Crude oil prices may seesaw between fiscal talks and corporate earnings with Brexit woes and the policy implications for a growing number of Covid-19 cases.
Archiv für den Autor: admin
Euro Forecast: EUR/USD Outlook Murky Ahead of Crucial EU Summit
EUR/USD and EUR/GBP can be expected to tread water ahead of the European Council meting that starts Thursday and will discuss both the Covid-19 pandemic and EU-UK relations post Brexit.
Sterling (GBP) Weekly Outlook: EU/UK Trade Talks – It's Time to Decide
The UK voted to leave the European Union over four years ago and we are now heading into the week when both sides, potentially, will finally say ‘deal or no-deal’.
France reports 26,896 coronavirus cases for the day – a new daily record. Positive rate is over 10%.
A record daily raise in the number of newly confirmed COVID-19 cases for France.
Elsewhere in Europe:
A few updates … sheesh … not good news.
Elsewhere in Europe:
A few updates … sheesh … not good news.
MUFG trade of the week: Sell EUR/AUD
Trade idea from Mitsubishi UFJ
MUFG recommends selling EUR/AUD with a target of 1.5900 and a stop at 1.6700. The pair closed the week at 1.6333.
„We are recommending a short EUR/USD trade idea to reflect in part the recent divergence in the spread of COVID-19 which will have implications for relative economic performance going forward,“ analysts
MUFG recommends selling EUR/AUD with a target of 1.5900 and a stop at 1.6700. The pair closed the week at 1.6333.
„We are recommending a short EUR/USD trade idea to reflect in part the recent divergence in the spread of COVID-19 which will have implications for relative economic performance going forward,“ analysts
PBOC has lowered the reserve requirements on some forward yuan FX trading. Intervention on yuan strength?
The People’s Bank of China has cut the requirement to zero for some forward FX.
When a financial institution sells USD against yuan to clients some of these deals will be cut to a 0% reserve requirement, from 20% previously
When a financial institution sells USD against yuan to clients some of these deals will be cut to a 0% reserve requirement, from 20% previously