Articles
US dollar drops further after the fix
56366 June 30, 2020 23:45 Forexlive Latest News Market News
Almost everything is taking a bite out of the US dollar at the moment. There’s no news to pin this on but the positive sentiment in equities is generally USD-negative.
Arizona coronavirus cases rise record record 4682 but there’s a caveat
56365 June 30, 2020 23:26 Forexlive Latest News Market News
A lab didn’t report them yesterday and that looks like it was folded into today.
Florida coronavirus cases rise 4.2% vs 7-day average of 5.6%
56364 June 30, 2020 22:56 Forexlive Latest News Market News
The weekly pattern in Florida shows a big dip every Monday that often extends to Tuesday as well, to a lesser extent.
Gold hits $1780 for the first time in seven years
56363 June 30, 2020 22:51 Forexlive Latest News Market News
Gold is taking advantage of the weak US dollar today and has erased an earlier loss. It’s now up $7 to $1780, which breaks last week’s high of $1779.
OPEC and Russia will like ease cuts in August – report
56362 June 30, 2020 22:26 Forexlive Latest News Market News
That’s bearish for crude, but not entirely unexpected. OPEC and Russia are not yet extending record oil cuts into August and will likely unwind some of the cuts.
Chatter: Texas hospitalizations from coronavirus decline 20%
56361 June 30, 2020 22:17 Forexlive Latest News Market News
This is unconfirmed chatter. There were 5913 cases a day ago and they’ve fallen to 4739.
That’s a tough number to take at face value and you have to wonder if there’s a reporting error. These numbers come from scrapers and they’ve been right but I have to assume there’s some
US June Conference Board consumer confidence 98.1 vs 91.4 expected
56360 June 30, 2020 22:02 Forexlive Latest News Market News
This is much stronger than anticipated.
OPEC output falls 1.92 mbpd in June to lowest since at least 2000 – Reuters survey
56359 June 30, 2020 22:02 Forexlive Latest News Market News
OPEC has done a surprising job on compliance.
EU extends travel ban for US residents
56358 June 30, 2020 21:35 Forexlive Latest News Market News
This is no surprise, it’s been leaked/rumored for a week.
This picture remains the equity bulls’ best bet
56357 June 30, 2020 21:26 Forexlive Latest News Market News
The politicization of mask-wearing remains one of the all-time stupidest public health moves. The epidemic continues to rage in US and Arizona joined Florida and Texas yesterday in re-closing parts of its economy.
Audio recap: Month end, quarter end
56356 June 30, 2020 21:09 Forexlive Latest News Market News
The pound has
extended its recent run of declines, despite yesterday’s pledge from PM Johnson
to up government spending to stimulate recovery. We’re also seeing broad US dollar demand on Tuesday, with the market still feeling uneasy about recent
downside pressure in US equities.
ILO working hours lost in Q2 due to pandemic equivalent to 400m full-time jobs
56355 June 30, 2020 21:09 Forexlive Latest News Market News
It’s tough to make any decisions based on forecasts right now.