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News
Articles

Thursday

Coronavirus update US: Arizona cases rise by 3,333

Eren Sengezer

02/07/2020 16:46

The latest data from Arizona showed that the number of confirmed COVID-19 cases in the state rose by 3,333 on Thursday to 87,425. This reading followe
Gold Price Analysis: XAU/USD strengthens and rebounds from weekly lows toward $1780

Matías Salord

02/07/2020 16:44

Gold is trading at daily highs, near $1780 after rising $20 from the daily low. The metal dropped to $1757 after the release of the US employment repo
Germany's Merkel: Answer to this unprecedented crisis has to be effective

Eren Sengezer

02/07/2020 16:25

The European Union's response to the unprecedented coronavirus crisis has to be effective, German Chancellor Angela Merkel said on Thursday, as report
AUD/USD pulls back from 0.6950, still steady above 0.6900

Guillermo Alcala

02/07/2020 16:18

Australian dollar’s uptrend from 0.6830 lows on Tuesday has found resistance at a one-week high 0.6950 before pulling back during the US trading sessi
EU's von der Leyen: EU and UK still quite far apart

Eren Sengezer

02/07/2020 16:04

The European Union needs to strengthen its internal market and value chains, European Commission President Ursula von der Leyen said Thursday. Key tak
AUD/USD: RBA to keep excess strength in check – ANZ

FXStreet Team

02/07/2020 15:58

It has become evident that any further downside in the aussie, which was driven by global events, is set to be backstopped by highly reactive central
USD/CAD recovers above on 1.3600 on USD strength

Eren Sengezer

02/07/2020 15:52

The USD/CAD pair struggled to make a decisive move in either direction during the early American session and continued to fluctuate in a tight range.
US: Outsized gains in payrolls likely won’t be repeated in the next few months – Wells Fargo

Matías Salord

02/07/2020 15:51

The US official employment report for June showed better-than-expected numbers, with a gain in jobs of 4.8 million. Analysts at Wells Fargo point out
Coronavirus update US: Florida cases rise by more than 10,000 on Thursday

Eren Sengezer

02/07/2020 15:42

The latest data published by Florida state's health department revealed that the confirmed coronavirus cases on Thursday surged by 10,109, or 6.4%, to
United States EIA Natural Gas Storage Change below expectations (78B) in June 26: Actual (65B)

FXStreet Team

02/07/2020 14:30

United States EIA Natural Gas Storage Change below expectations (78B) in June 26: Actual (65B)
EUR/GBP Price Analysis: Struggles near weekly lows, around 0.9000 mark

Haresh Menghani

02/07/2020 15:23

The EUR/GBP cross remained depressed near weekly lows, with bears eyeing a sustained break below the key 0.9000 psychological mark. The mentioned leve
US: Factory Orders increase by 8% in May vs. 8.9% expected

Eren Sengezer

02/07/2020 15:08

New orders for manufactured goods, Factory Orders, in the US rose by $30.5 billion, or 8%, to $412.8 billion in May, the data published by the US Cens
United States ISM-NY Business Conditions Index: 39.5 (June) vs 19.5

FXStreet Team

02/07/2020 14:07

United States ISM-NY Business Conditions Index: 39.5 (June) vs 19.5
United States Factory Orders (MoM) below forecasts (8.9%) in May: Actual (8%)

FXStreet Team

02/07/2020 14:00

United States Factory Orders (MoM) below forecasts (8.9%) in May: Actual (8%)
GBP/USD eases from tops, still well bid near 1.2500 mark

Haresh Menghani

02/07/2020 15:00

The GBP/USD pair trimmed a part of its early gains to over one-week tops, albeit has still managed to hold in the positive territory, around the key 1
US Pres. Trump: Jobs announcement proves US economy roaring back

Eren Sengezer

02/07/2020 14:58

Commenting on the US jobs report, which showed an increase of 4.8 million in Nonfarm Payrolls in June, US President Donald Trump said that this data i
US Dollar Index remains offered around 97.00

Pablo Piovano

02/07/2020 13:50

The US Dollar Index (DXY), which gauges the greenback vs. a bundle of its main competitors, has managed to rebound from daily lows near 96.80 and rega
NFP: A sharp fall, a sharp rise to a lower level and then flat at best

FXStreet Team

02/07/2020 14:45

The US economy gained 4.8 million jobs in June, beating expectations but data is from early June when the American country was reopening at a rapid pa
S&P 500 opens sharply higher on upbeat NFP data

Eren Sengezer

02/07/2020 13:43

Wall Street's main indexes opened the day sharply higher as investors cheer the upbeat labour market data from the US. As of writing, the S&P 500 was
Canada: Markit Manufacturing PMI jumps from 40.6 to 47.8 in June

Eren Sengezer

02/07/2020 14:35

The economic activity in Canada's manufacturing sector contracted at a much softer pace in June than it did in May with the Markit Manufacturing PMI c
Canada Markit Manufacturing PMI up to 47.8 in June from previous 40.6

FXStreet Team

02/07/2020 13:30

Canada Markit Manufacturing PMI up to 47.8 in June from previous 40.6
USD/JPY refreshes session tops, around 107.70 region after NFP

Haresh Menghani

02/07/2020 13:11

The USD/JPY pair edged higher during the early North American session and refreshed daily tops, around the 107.70 region post-US monthly jobs report.
ECB's Mersch: ECB constantly evaluating potential side effects of monetary policy measures

Eren Sengezer

02/07/2020 14:06

"Our authorisations respect and are consistent with the independence of the European Central Bank (ECB) and the Deutsche Bundesbank," European Central
Russia Central Bank Reserves $ increased to $568.3B from previous $567.8B

FXStreet Team

02/07/2020 13:00

Russia Central Bank Reserves $ increased to $568.3B from previous $567.8B
Canada: International Merchandise Trade Deficit narrows to $677 million in May

Eren Sengezer

02/07/2020 12:52

Canada's International Merchandise Trade Deficit narrowed to $677 million in May from $4.3 billion in April, the data published by Statistics Canada r
US: Trade deficit widens to $54.6 billion in May vs. $53 billion expected

Eren Sengezer

02/07/2020 12:45

The United States' international trade deficit widened to $54.6 billion in May from $49.8 billion in April, the data published jointly by the US Censu
Gold refreshes session lows, slides below $1765 level post-NFP

Haresh Menghani

02/07/2020 12:40

Gold remained depressed through the early North American session and refreshed daily lows, around the $1763 region following the release of US monthly
US: 1.42 million Americans applied for unemployment benefits last week

Eren Sengezer

02/07/2020 12:40

There were 1,427,000 Initial Claims for unemployment benefits in the US during the week ending June 27th, the data published by the US Department of L
EUR/USD remains firm below 1.1300 post-NFP

Pablo Piovano

02/07/2020 12:38

The buying interest around the single currency remains well and sound, with EUR/USD hovering around the 1.1280 region in the wake of the US labour mar
Canada Imports below expectations ($38.1B) in May: Actual ($35.29B)

FXStreet Team

02/07/2020 12:33

Canada Imports below expectations ($38.1B) in May: Actual ($35.29B)