The Australian dollar is affected by weak fundamentals and risk aversion.
Daily Market Analysis
Crude oil had a rough time during the past few weeks…
Theresa May will leave her position of PM on June 7. What will happen next?
Despite the prevalence of the pro-European parties, the situation did not become any brighter after the elections as a lot of factors put additional pressure on the Eurozone.
“Those who speculate and short the yuan will for sure suffer heavy loss…
The Australian dollar can’t find a way out of the darkness…
The Q1 earnings season in the United States is almost at its end. This week Hewlett-Packard (HPQ) will release its financial results.
The Brazilian real faced a real challenge during the last couple of days. The USD/BRL pair jumped above the 4 level on Friday and tested the last September highs above 4.11.
Find out what analysts expect from the earnings reports of the top US companies.
This week NZD/USD tested the lowest levels since October in the area of 0.6525 after the Reserve Bank of New Zealand reduced its interest rate to 1.5%.
Recent European economic data seemed to bring optimism to the euro area.
The Walt Disney Company will report its financial results for the fiscal Q2 on Wednesday, May 8.