Apr 16, 2020 05:43 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading 0.70% lower on the day at 0.6273 at around 05:00 GMT. The pair is extending previous sessions weakness and has slipped below 55-EMA support. Aussie bulls...
FxWirePro: India To Roll-Out NDFs For INR As RBI Intervenes Offshore Market
Apr 15, 2020 13:04 pm UTC| Research & Analysis Central Banks Insights & Views
The Reserve Bank of India (RBI) should be given some credit in exploring new avenues to manage the currency and market volatility. In the emergency meeting two weeks ago on 27-March, RBI slashed rates by 75bp to 4.40% and...
FxWirePro: Daily Commodity Tracker - 15th April, 2020
Apr 15, 2020 11:57 am UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major and Minor trend - Strongly bearish Oscillators: Neutral (bias lower, approaching oversold) Bollinger Bands: Volatility Rising on Daily, Weekly and Monthly...
Apr 15, 2020 11:48 am UTC| Research & Analysis Central Banks
Following rate cuts amounting to a total of 150bp in March (from 1.75% to 0.25%) and numerous other measures to ease refinancing for the banking and economic system the Bank of Canada (BoC) is likely to keep its key rate...
FxWirePro: AUD/CHF poised for minor correction, break below 200H MA to confirm weakness
Apr 15, 2020 11:42 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF was trading 1.22% lower on the day at 0.6110 at around 11:25 GMT after Spinning Top formation on the previous days candle. After gaining over 16% from 2020 lows at 0.5341, the...
Apr 15, 2020 11:28 am UTC| Research & Analysis Insights & Views
The price of precious yellow metal (in the bullion market) gains considerably from the last couple of days, currently, exhausted at $1,747 and oscillating between $1,700 and $1,728 levels. Multi-week slowdowns in...
FxWirePro: USD/JPY extends marginal gains ahead of key U.S. data, bias remains bearish
Apr 15, 2020 09:53 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY is extending marginal gains on the day, snapping a 4-day bear run, bias remains bearish. USD recovering some lost ground following Tuesdays sharp sell-off, holds above daily cloud...