The exact same factors that propelled the Indonesian rupiah and Thai baht to the top of the Asian pack in 2019 are dragging them lower now. The two currencies ... Read More
European stocks rose on Tuesday after stronger-than-expected industrial data from China raised hopes that the world’s second-largest economy could stage a swift recovery from the coronavirus crisis. The pan-European ... Read More
AUDUSD is currently recovering, however in an overlapping fashion, which suggest a corrective recovery to be in play. We are looking at a wave 4) of a higher degree, ... Read More
The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened ... Read More
On the weekly chart of USD/CHF, we can see that price was for the last five years making a sideways, and overlapping price activity; an Elliott wave running triangle ... Read More
In light of the current outbreak of the coronavirus disease 2019 (COVID-19), and given the markets’ high volatility over this challenging period, Fondex reassures its clients that they can ... Read More
The U.S. dollar has risen in comparison to other currencies this week. Despite recent steps taken by world central banks to alleviate market stress, the US dollar demand was ... Read More
The dollar slipped on Tuesday on signs tight funding conditions are easing slightly after the U.S. Federal Reserve pulled out all stops to supply much needed greenback liquidity. The ... Read More
USDCAD ended a three-wave, A)-B)-C) correction within a bigger wave 2 at the 1.294 level, from where a new rise started developing. Rise is sharp and impulsive so this ... Read More
European stock index futures fell more than 5% on Wednesday as fears over the relentless global spread of the coronavirus overshadowed sweeping U.S. stimulus measures to support businesses and ... Read More
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