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Interesting to see both Federal Reserve and European Central Bank’s minutes have echoed a theme of uncertainty pertaining the future economic outlook. But then again, it is an unprecedented situation that the world’s economy is currently facing – with quite not end in sight for the Coronavirus woes

GOLD Spot gold surged above $2000level in early Tuesday's trading, extending strong recovery from $1862 (12 Aug spike low). The yellow metal was boosted by fresh weakness of the US dollar and Monday's news that Warren Buffet's Berkshire Hathaway buying a stake in major gold miner Barrick Gold Corp.

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USD/JPY’s rebound from 104.18 extended further to 107.05 last week. As a temporary top was formed, initial bias is neutral this week first. We’d holding on to the bullish case. That is, corrective fall from 111.71 has completed with three waves down to 104.18, after missing 100% projection of 111.71

EUR/USD stayed in consolidation below 1.1916 last week. Initial bias stays neutral this week and further rise is in favor as long as 1.1695 support holds. On the upside, break of 1.1916 will extend larger rally from 1.0635. However, firm break of 1.1695 should confirm short term topping. Intraday bi

Photo: FM Plus500 (LON:PLUS) has announced its interim results for the six months ended on the 30th of June 2020, revealing a solid uptick in revenues, as well as revealing that it will be commencing a new share buyback program. Starting first with the financial results, the Israel-based broker re

U.S. producer price index for July has been released at 8:30 am ET Tuesday. Following the data, the greenback changed little against its major counterparts. The greenback was trading at 1.1794 against the euro, 1.3120 against the pound, 106.01 against the yen and 0.9111 against the franc around 8:31