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Forex Daily

Euro Forecast: Decision on Coronabonds Critical For EUR/USD Outlook

The coming week could see a decision by the Eurozone nations on whether to issue bonds guaranteed by all of them jointly and severally – a ruling likely to have a major impact on the Euro’s next bi...

USD/MXN Price Analysis: US Dollar to Mexican Peso Eyes Fresh Highs

USD/MXN recoils back toward record highs as the US Dollar its dominance over the Mexican Peso once again despite a recovery in oil.

Gold Prices May Fall on FOMC Minutes, Recession & Credit Risks

Gold prices may surrender if the FOMC meeting minutes further reinforce fears about the prospect of a deep, virus-driven recession amid thin liquidity conditions.

US Dollar May Rebound as Financial Markets Face Global Recession

The US Dollar may rise as financial markets turn to cash amid deepening worries that the Covid-19 outbreak has triggered a global recession.

S&P 500 Price Sinks as Unemployment Spikes; VIX Index Drops?

The S&P 500 Index finished the week 2% lower as job losses mount amid the coronavirus lockdown, but the VIX ‘fear-gauge’ still dropped. Why is volatility down despite another slide in stocks?


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