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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Crude Oil Futures Jump Nearly 12%, Gains 32% In Week

Crude oil prices rose sharply on Friday, climbing up for a second successive day amid rising hopes of deep production cuts by major oil producers, including Russia and Saudi Arabia. Demand for energy has dropped significantly and is likely to ...

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U.S. Dollar Higher Amid Coronavirus Fears

The U.S. dollar firmed against its major counterparts in the European session on Friday, as investors sought safe-haven assets following grim Eurozone business survey, as well as continued COVID-19 concerns after virus cases exceeded one million. The IHS Markit eurozone ...

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Dollar Ticks Up Following U.S. Jobs Data

Following the release of U.S. nonfarm payrolls data for March at 8:30 am ET Friday, the greenback edged up against its major counterparts. The greenback was trading at 108.50 against the yen, 0.9781 against the franc, 1.2256 against the pound ...

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Dollar Rises Vs Most Majors Ahead Of U.S. Jobs Data

At 8:30 am ET Friday, the Labor Department will release U.S. nonfarm payrolls data for March. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency held steady against the pound, it advanced against the ...

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S&P Affirms Japan's Sovereign Ratings

S&P Global Ratings affirmed sovereign ratings of Japan as the fallout from economic shocks are expected to be temporary. The rating agency said the coronavirus or covid-19 outbreak has set back Japan’s fiscal stabilization process but it is expected to ...

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