Forex News

1:45
August 4, 2020
GBP/USD Price Analysis: Bears firming up the grip below 1.3100
GBP/USD stays depressed following the break of an eight-day-old rising trend line. Failures to cross March month’s high, lower high formation favor sellers. Bulls seek a clear break of 1.3200 to extend the previous upside. GBP/USD eases to 1.3070 during Tuesday’s Asian session. The Cable prints the third day of losses after it took a…
1:45
August 4, 2020
Aussie Retail Sales: +2.7 pct MoM s/adj vs a Reuters poll +2.4 pct
Australia's preliminary estimate for June nominal Retail Sales was pointed to a 2.4% increase in the month. Retail Sales and Trade Balance Australia June retail sales +2.7 pct m/m s/adj (Reuters poll +2.4 pct) Australia q2 chain volume retail sales -3.4 pct q/q s/adj (Reuters poll -3.2 pct) Australia Q2 chain volume retail sales -3.4 pct…
1:45
August 4, 2020
AUD/USD: Rebound in Aussie exports fails to lift the AUD
AUD/USD fails to draw bids despite a rebound in Aussie exports. Exports rose 2.4%, while imports increased by 1%.  Australia's Retail Sales growth for June has been revised higher to 2.7%. Trade surplus missed expectations by a big margin. AUD/USD continues to trade in the red near 0.7115 despite the rebound in Australia’s exports.  Outbound shipments or…
1:30
August 4, 2020
PBOC sets Yuan reference rate at 6.9803
The People's Bank of China has set the yuan reference rate at 6.9803 versus Monday's fix at 6.9980.
1:15
August 4, 2020
Confirmed: Victoria reports 439 cases
Confirmed: Victoria reports 439 cases  More to come…
1:15
August 4, 2020
S&P 500: Futures catch a breather around multi-week top below 3,300
S&P 500 Futures seesaws in a choppy range between 3,283 and 3,291. Risk-tone sentiment remains positive amid vaccine hopes, ignores US policy deadlock. Updates concerning the virus, the American fiscal stimulus remain as the key catalyst. S&P 500 Futures stay mostly unchanged near the previous day’s close around 3,290 amid the initial hour of Tokyo…