USDCNH after rate cut

The PBOC injected 50 billion Yuan into the market - the first step to increase liquidity for 29 days. This was necessary in order...

Another Friday cut from BOC

USDCAD, H1 Bank of Canada cuts rates by 50 bps to 0.25%. A rate reduction to the 0.25% setting was widely expected either at or...

US Claims & GDP – 2 Sides of the COVID-19 Coin

The 3,001k initial claims surge to an unprecedented 3,283k in the third week of March dwarfed the 71k rise to 282k (was 281k) in...

Kiwi finds support from the NZ Treasury

The New Zealand Dollar may be the weakest among the other major currencies and may still be under heavy selling pressure in a non-friendly...

GBPCHF: Safe-haven flows & UK-EU trade talks

GBPCHF, Daily and H4 Sterling is underperforming once again, showing a 0.8% loss versus the Euro, which is currently registering as the strongest of the...

AUD tumbled to new 11-year low

The Australian Dollar tumbled to fresh major-trend lows versus the US Dollar following a big miss in Q4 construction data out of Australia, which...

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