Daily Forex Market Reviews

Preliminary PMI indices for May published today indicate a slowdown in the economies of Japan, Australia, the Eurozone and the UK (US data will...

Moderna Chairman Noubar Afeyan defended his company's data for its possible COVID-19 vaccine after some vaccine experts said that there was insufficient...

The euro rose on Wednesday after receiving support from the Franco-German proposal to create a common fund to support the economy of 500 billion euro...

The U.S. dollar pushed higher in early European trade Wednesday amid doubts over a potential vaccine for the Covid-19 virus, but it's been the euro which...

First quarter GDP data released on Monday underscored the expanding impact of the outbreak, with exports falling 6% - the most since the devastating earthquake...

The U.S dollar started the week lower after the U.S.-China tensions rose over the weekend and as optimism about the re-opening of economies...

Asian stocks were up on Tuesday morning after Moderna (NASDAQ:MRNA) announced "positive" results for its potential COVID-19 vaccine...

The world is gradually moving out of quarantine: the "social distance" measures in Hong Kong are about to expire, the Indian authorities are preparing...

"Second Waves" its is the next pricing risk in the COVID-19 era. With nations starting to reopen their respective economies the expectation of increases in COVID-19...

The remarks of Poloz followed the publication of a report by the International Energy Agency (IEA) on Thursday indicating global signs of recovery...

On Wednesday, the U.S dollar traded higher against most currencies after the Fed's chief Powell speech and by high demand. The USD was pushed...

European stocks, as the saying goes, are invited to only some of the parties but all of the funerals. But the people who run those markets have the enviable position...

According to data released today by the Australian Bureau of Statistics, in April the unemployment rate, seasonally adjusted, was 6.2%, the value of the indicator...

The Democratic-led U.S. House of Representatives unveiled on Tuesday a sweeping new coronavirus bill with more than $3 trillion in assistance to states...

In March, Britain's GDP fell by 5.8%, with a projected decrease of 7.9%. As a result, UK GDP for the first quarter of this year fell by 2.0% against the forecast of -2.6%...

The U.S. dollar was marginally lower in early European trade Monday, consolidating after hitting a two-week high against its major peers overnight amid...

Since its IPO in December 2019, Saudi Aramco's stock price has been consistently declining. Before the New Year, it traded at $35. But in the second week...

Asian indices are losing about 1% on Tuesday morning while futures for European and US indices point to open in the red. This is associated...

The global economy is bottoming out, with China appearing to have bottomed out in February, and the US has been pulling in since the end of April...

This week's economic calendar is packed with data which will further demonstrate the extent to which the coronavirus pandemic has hit global growth...

The price of Crude Oil, on the D1 time-frame, was in a lengthy downward spiral until April 21 when a lower bottom was recorded at 9.87. This extreme all-time low...

Employment numbers for April are due out of Canada on Friday (12:30 GMT) but as far as jobs reports go, this will be one that nobody will be looking...

Unemployment in the USA is at its maximum since the war. 20.5 million jobs - and the real situation is even worse. In the last economic cycle...

The coronavirus outbreak has closed offices, factories, schools, construction sites and shops that promote the US economy. On Wednesday, ADP's payroll...

Britain now has the highest Covid-19 death toll in Europe, according to the latest official figures, climbing past Italy which, alongside Spain, has been among the...

The U.S. Dollar Index rose for the third consecutive day on Wednesday's session versus its main rivals but lost momentum after the ADP Nonfarm Employment...

Rolling updates on the latest developments and headlines from around the world on the Covid-19 pandemic. Johns Hopkins University data said that Brazil had a total...

This week, as well as the month as a whole, began with clear optimism for the oil market. Let me remind you that on May 1, the OPEC+ deal to reduce oil production...

The U.S. Dollar Index surged on Tuesday's session against its major rivals as investors concerned as tensions between the United States and China were revived...

Scientists created a monoclonal antibody that can defeat the new coronavirus in the lab, an early but promising step in efforts to find treatments and curb...