An interesting (albeit long) read from The Atlantic titled: This Overlooked Variable Is the Key to the Pandemic    there is a potential, overlooked way of understanding this pandemic that would help answer these questions, reshuffle many of the current heated arguments, and, crucially, help us get

Daily Pivots: (S1) 105.30; (P) 105.50; (R1) 105.76; Intraday bias in USD/JPY stays neutral for consolidations below 105.70 temporary top. Further rise is in favor as long as 104.92 minor support holds. Break of 105.70 will resume the rebound from 104.00 short term bottom to 55 day EMA (now at 105.98

Further upside in NZD/USD is not ruled out, although a convincing move above 0.6660 remains unlikely in the short-term horizon, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Our view for NZD yesterday was ‘here is scope for NZD to edge above the strong resistance at 0.6620’ but ‘t

USD/CHF consolidates on Wednesday's 1.2% rise - the biggest daily gain in five months.  Fed minutes dashed hopes for additional measures like yield curve control.  USD/CHF is trading near 0.9155 at press time, having gained over 1.2% on Wednesday – the biggest single-day gain since March 19.  The o

USD/CAD eases from the resistance line of a short-term bullish chart formation. 100 and 200 HMAs add to the upside filters. A downside break below 1.3190 will recall the bears targeting 1.3100. USD/CAD fades upside momentum while easing to 1.3222 during the pre-Tokyo open Asian trading on Tuesday.

Japan's capital expenditure grew less than initially estimated in the first quarter as the coronavirus pandemic hit the economic activity severely, revised data from the Ministry of Finance showed on Monday. Investment in plant and machinery grew only 0.1 percent on a yearly basis instead of 4.3 per

Photo: FM Prime brokerage services provider Invast Global recently announced that it launched a new Index contract for difference (CFD) product based on the Volatility Index (VIX) futures contract offered by Cboe Futures Exchange. VIX futures product was launched on the Cboe Futures Exchange in 20

Photo: Finance Magnates Former Gold-i executive Arun Lakhani, who had left the MT4/MT5 integration specialist earlier this month as Finance Magnates reported, has joined Equiti Capital UK as a partner solutions manager. Equiti Capital UK is the FCA-regulated arm of global FX broker Equiti Group.  

Stocks moved mostly higher during trading on Tuesday, extending the upward move seen over the course of the previous session. With the continued advance, the tech-heavy Nasdaq reached another new record closing high. The major averages pulled back off their best levels in late-day trading but remain

South Korea's unemployment rate rose to a ten-year high in May as firms reduced hiring amid coronavirus pandemic, figures from Statistics Korea showed on Wednesday. The jobless rate rose to a seasonally adjusted 4.5 percent in May from 3.8 percent in April. In the same month last year, the unemploym