A multi-week bearish trendline caps AUD/USD's upside.  The immediate outlook stands neutralized due to rejection at the key trendline.  Friday's low is now the level to beat for the bears.  AUD/USD currently trading in the red at 0.7216, having faced rejection at 0.7234.  That level is housing the

Disentangling information and misinformation on Trump's condition is complex, there is so much political spin involved.   STAT is a site with journalism-related to "health, medicine, life sciences". I've turned to this piece for what I hope is objective information with a minimum of political interf

EUR/USD's daily chart shows bull failure at 1.19.  Daily chart RSI shows bearish bias with lower highs.  EUR/USD looks south, having failed to chew through offers around the psychological level of 1.19 on Tuesday.  The bulls have failed twice in the past four trading days to establish a foothold ab

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Reserve Bank of Australia Governor Philip Lowe is appearing in front of the Parliament's House of Representatives' Standing Committee on Economics says its possible the cash rate will be 0.25% for the next 5 years hopes it will not be that low for that long but its possible its possible the cash ra

In its latst Financial Stability Report (FSR), the Bank of England (BOE) said that the Monetary Policy Committee (MPC) agreed not to tighten the rates further unless inflation sustainably moving to the target. The BOE also said, that negative policy rates at this time could be less effective as a to

Photo: Reuters Following the voluntary administration of Union Standard International Group PTY (USGFX), the Board of Union Standard International Group Holdings (USG), announced this Tuesday that the Group will be moving its headquarters out of Sydney and into London. The news is part of a statem

The dollar firmed moderately and then weakened moderately, while the pound underperformed and the euro outperformed. Asian and European stock markets declined, following Wall Street's negative close yesterday, while U.S. index futures lifted. S&P 500 futures were off the highs but showing a 0.3%

The European Central Bank meet this week, preview below. Meeting Thursday 16 July 2020  Policy announcement at 1145GMT (policy likely unchanged) Euro forecast via Danske (this from late last week): We remain constructive and expect the broad USD to decline over the coming months 3 month forecast

Indian shares opened higher on Thursday, mirroring gains in global markets on renewed hopes of economic recovery from the coronavirus pandemic. The benchmark S&P BSE Sensex rose 125 points, or 0.35 percent, to 36,454 in early trade, while the broader NSE Nifty index was up 30 points, or 0.29 per

Malaysia's exports logged its biggest decline since the global financial crisis in 2009, data from the Department of Statistics showed on Thursday. Exports fell 23.8 percent year-on-year to MYR 64.9 billion in April. Economists had expected a 15.1 percent decline. This was the largest decline since