Fundamental analysis of Forex market

COVID-19: A Black Swan or a Group of Black Swans?

Executive Summary: A Group of Black Swans Create Their Own Path While we are just beginning to see the economic impacts of COVID-19 appear in the data, it is clear ...
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Still Probably a Bear Market Rally, Oil Prices are Staying Alive, Russia Gives Up on Gold

US stocks are seesawing after the Fed launched a new repo facility, the White House signaled a fourth stimulus plan is being worked on and President Trump’s hope for a ...
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Asia Data Rebounds In First Signs Of Life

Asia appears to be showing signs of post-coronavirus life this morning, with data released from across the region showing some pleasing signs of a rebound. The results are doubly pleasing ...
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US PMIs: What’s the Damage?

It’s a busy data week in America, as besides the nonfarm payrolls report, there’s also the latest ISM manufacturing and non-manufacturing PMIs coming up on Wednesday and Friday respectively, both ...
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Stronger EUR/USD Is A Good Sign For Markets

World central banks continue to pump liquidity in the financial system to lessen the negative impact on business from strict isolation measures across the globe. The latest example was the ...
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Forex Forecast and Cryptocurrency Forecast

First, a review of last week’s events: EUR/USD. The pair’s flights in recent weeks can be compared to aerobatics: first, an almost vertical takeoff up by 630 points, then a ...
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Canadian Dollar Weakened but Not Headed for Historical Lows

Canadian dollar traded below 70 cents this week, but don’t dust off “Northern Peso” references 2019 was an unusually quiet and stable year for the Canadian dollar. 2020 has been ...
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Weekly Economic and Financial Commentary

U.S. Review Virus Shutdowns Begin to Show Up in the Data The U.S. surpassed Italy and China with the most confirmed cases of COVID-19. Europe is still the center of ...
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The Weekly Bottom Line: Fiscal Stimulus on the Way as US COVID-19 Cases Surpass China

U.S. Highlights Another eventful week for financial markets as they digested the news that Congress had agreed to a giant $2 trillion relief bill. Stimulus is sorely needed, with more ...
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Forward Guidance: Near-Term Layoffs to Accelerate – But Will Virus Cases?

The week past has seen eye-popping layoff numbers in both Canada and the US with reports that almost a million jobless claims were filed last week alone in Canada, and ...
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Week Ahead – China and US PMIs Eyed for Virus Impact; NFP Report Poses Threat to Relief Rally

The global crisis from the coronavirus pandemic has produced much turmoil in financial markets even though economic data on the impact has so far been scarce. That is about to ...
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