Coronavirus

USD / JPY gained tracking traction for the second consecutive session on Friday. Expectations of an aggressive Fed pushed US bond yields higher and remained favorable. Softer risk tone, modest USD weakness, did little…
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Expectations of an eventual reduction movement by the Fed prop up the USD. The problems due to COVID-19 do little to benefit the safe-haven CHF or stop the pair's upward momentum. Investors are now waiting for…
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AUD / USD saw some selling on Thursday in reaction to weaker Australian employment data. The COVID-19 troubles and cautious mood further undermined the most risky Australian perceived. A subdued action in the USD…
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GBP / USD witnesses some selling on Thursday and returns a portion of the previous day's gains. A softer risk tone benefits the safe-haven USD and puts some pressure on the pair. Investors are waiting for US economic…
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The member of the Governing Council of the European Central Bank and Governor of the Bank of Finland, Olli Rehn, made a statement in the last hour, saying that the inflation above target is temporary. Medium-term…
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USD / JPY remains under some selling pressure for the third day in a row on Thursday. Troubles around COVID-19, a weaker dollar and a decline in US bond yields contribute to the downward pressure on the pair.…
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GBP / JPY witnessed strong selling for the second consecutive session on Wednesday. A sharp spike in demand for the safe-haven JPY put pressure on the cross. The weaker USD, the stronger UK CPI figure supported the…
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USD / JPY remains under heavy selling pressure for the second day in a row on Wednesday. The troubles around COVID-19 benefit the safe-haven JPY and put pressure amid a renewed selloff around the USD. A convincing…
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"The main downside risks are new Delta outbreaks and new strains of the virus"said the Governor of the Reserve Bank of Australia (RBA), Philip Lowe, during the early hours of Tuesday. The RBA president spoke on the…
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The rebound in oil prices supports the CAD and puts some pressure on the USD / CAD. A widespread USD strength offers support and helps limit any further losses. The pair USD / CAD it remains on the defensive during…
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