Fiona Cincotta
GBP/AUD: Pound Drops As UK Experiences Worse Economic Contraction in Centuries
UK GDP -20.4% vs -18.2% forecast
Brexit adds pressure to Pound (GBP)
Australian Dollar (AUD) advances as risk resets
At 08:15 UTC, Pound...
EUR/USD: Euro Steadies Around $1.13 Amid Second Wave Fears
Euro (EUR) attempts recovery after steep risk off sell off in the previous session
Eurozone industrial production expected to -20% mom in April
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GBP/USD: Pound Steady Despite UK Economy Contracting By Most On Record
UK GDP contracts -20.4% mom in April
Brexit continues to weigh on demand for Pound (GBP)
Safe haven US Dollar (USD) remains well...
GBP/EUR: Pound Takes Another Step Lower Ahead of GDP
UK GDP April expected -18.4% v -5.8% in March
Brexit still weighing on Pound
Eurozone industrial production coming up
At 05:15 UTC, Pound...
AUD/USD: Australian Dollar Rally Runs Out of Steam
Risk aversion dominates after cautious Fed outlook and amid fears of second covid-19 wave in US
Risk off drags Australian Dollar (AUD) lower
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USD/INR: Indian Rupee Hits 3 Week Low As S&P Maintains India’s...
S&P affirms India’s rating at the lowest investment grade
Risk off dragging on Indian Rupee (INR) demand
US Dollar (USD) look to jobless...
USD/PKR: Rupee Extends Losses As Global Economic Recovery Fears Grow
Pakistani Rupee declines in risk off trading
OECD warned that global economy could contract -6% & Pakistan car sales plunge
US Dollar rises...
GBP/AUD: AUS$ Drops On Gloomy Fed & Weak Inflation Expectations
Risk sensitive Australian Dollar (AUD) drops after Fed’s dire projections
Australian inflation expectation lowered to 3.3%
Pound (GBP) broadly under pressure amid Brexit...
EUR/USD: Euro Drops On Fed’s Grim Outlook
Fed predicts -6.5% GDP contraction & unemployment at 9.5%
Safe haven US Dollar rising as investors focus on dire outlook rather than Fed...
GBP/USD: Pound Snaps 10 Session Winning Streak On Cautious Fed, Brexit...
Fed to keep rates at 0 until 2022
Dovish Fed gave a reality check to investors, risk off is boosting US Dollar
Pound...