Australia's central bank retained its benchmark interest rate at a historic low and quantitative easing unchanged as expected ahead of the federal budget announcement later today. The board of Reserve Bank of Australia, governed by Philip Lowe, decided to maintain cash rate and the targeted yield on

In its latest report, seen early Tuesday in Asia, JP Morgan suggests selling AUD/NZD unless it breaks the monthly resistance line, currently around 1.0900. However, the bank is not clear on the factors, other than the technical signals, that will trigger the selling. Key quotes Short-term market is

Discussions about early authorizations and reports about White House pressure to speed along a coronavirus vaccine have worried the public. The latest reports that Drug giant AstraZeneca said Tuesday it had paused global trials of its coronavirus vaccine because of unexplained illness in one of the

Daily Pivots: (S1) 1.3027; (P) 1.3088; (R1) 1.3122; Range trading continues in GBP/USD and intraday bias remains neutral first. With 1.3005 support intact, further rise is still mildly in favor. Firm break of 100% projection of 1.1409 to 1.2647 from 1.2065 at 1.3303 will pave the way to 1.3514 struc

Market movers today In Norway, today brings inflation numbers for June. Core inflation surprised to the upside in April and May, with the annual rate climbing to 3.0% on the back of higher import prices. The pressure on imported prices from a weaker currency is reinforced by the closed borders. Henc

The People's Bank of China (PBOC) has set the yuan reference rate at 7.0085 versus Wednesday's fix at 7.0207.

EUR/USD's 4-hour chart shows descending triangle breakout.  The rally from lows near 1.0750 seen in May has resumed.  EUR/USD jumped 0.58% on Monday, confirming a descending triangle breakout on the 4-hour chart.  The pattern indicates that the rally from lows near 1.0750 observed in May has resume

【友财网外汇资讯】-瑞士百达资产管理周四称，投资者开始看好股票，股市从超卖转为中性；而黄金尚未达超买程度，依然是一个很好的避险工具。百达资产管理首席策略师Luca Paolini在其评论中指出，环球企业盈利可能按年下降30-40%，但这并不意味着股票和企业债券市场将大幅下跌，因为各国央行出手支撑经济，企业估值提升足以抵销每股盈利下降的影响。该行预计，美联储今年将额外注入1.3万亿美元的货币刺激措施，同时欧洲央行将额外释放1.1万亿欧元。相对美股，欧元区股票依然便宜，而且放宽封城措施加上财政和货币支持有利欧洲经济，该行遂把欧洲股票提升至增持。至于黄金，尽管金价由年初至今已上升15.5%，但仍然未