Forex news 20200718

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Forex Today: Moderna moves stocks up, dollar down, BOC, COVID-19 statistics eyed
Gold Futures: Extra gains not ruled out
GBP/USD path of least resistance is down ahead of critical data – Confluence Detector
GBP/USD faces further consolidation in the near-term – UOB
Norway Trade Balance declined to -10.2B in June from previous -1.2B
United Kingdom Consumer Price Index (MoM) came in at 0.1%, above expectations (0%) in June
Crude Oil Futures: Scope for further upside
United Kingdom Consumer Price Index (YoY) came in at 0.6%, above expectations (0.4%) in June
USD/KRW: Reduced BoK's QE prospects to support the won – ANZ
EUR/USD to test 1.15 on a clear breach of 1.1420 – OCBC
Gold on the back-foot amid risk-on mood, downside remains limited
AUD/USD looks to retest five-week highs above 0.7000
Copper to drop just below $5,400/t – TDS
BOJ’s Kuroda: Various measures available for further easing including interest rate cuts
EUR/USD moves to 4-month highs beyond the 1.1400 mark
EUR/GBP: Break of June high at 0.9178 to trigger a rise toward 0.9323 – Commerzbank
EUR/USD to visit March highs as moves above 1.1425
China’s Foreign Ministry: Strongly oppose UK’s ban on Huawei
South Africa Consumer Price Index (YoY) registered at 2.1%, below expectations (2.2%) in May
GBP/JPY eases from tops, still well bid around 134.80 region
Italy Consumer Price Index (YoY) meets forecasts (-0.2%) in June
China: Trade data surpassed expectations in June – UOB
Italy Consumer Price Index (EU Norm) (YoY) in line with forecasts (-0.4%) in June
South Africa Consumer Price Index (MoM) below expectations (-0.5%) in May: Actual (-0.6%)
EUR/GBP bounces off lows, turns neutral around 0.9070-75 region
Italy Consumer Price Index (EU Norm) (MoM) meets forecasts (0%) in June
USD/JPY falls below 107.00, next support seen at 106.65 – Credit Suisse
Italy Consumer Price Index (MoM) meets forecasts (0.1%) in June
EUR/USD jumps to the highest level since March, closer to mid-1.1400s
EUR/USD: Moderna vaccinates the euro to see highest level since March
IDEX Stock News: Ideanomics Inc. continues downward spiral during trading hours
BOE’s Tenreyro: We are likely to see disinflationary pressures for some time
Gold Price Analysis: XAU/USD eyes multi-year highs amid bullish technical set up
Fed could introduce YCC in September – UOB
WKHS Stock News: Workhorse Group Inc. keeps bullish momentum
GBP/USD retakes 1.26 level and is set to face tough barrier at 1.2670
US Dollar Index Price Analysis: Increasing bets for a drop to 95.71
AUD/USD challenges the upper end of consolidation range at 0.7005 – Credit Suisse
GBP/USD: Upbeat UK CPI and vaccines hopes delight bulls
EUR/JPY Price Analysis: Target is now at the 2020 highs near 124.40
WTI jumps 1.50% to test $41 mark, eyes on EIA, OPEC+ meeting
EUR/USD Price Analysis: Extra gains now target the 2020 high near 1.1500
Analysis USD/JPY near daily highs after US CPI data
USD/JPY weakens farther below 107.00 mark, back closer to weekly lows
Some local lockdown measures in Leicester lifted by UK health secretary
S&P 500 Futures Price Analysis: Potential bull flag on 1H calls for a test of 3250
Euro Stoxx 50 challenges the 200-DMA at 3358 – Credit Suisse
Germany 10-y Bond Auction dipped from previous -0.38% to -0.46%
Oxford COVID-19 vaccine producing positive results on initial trials – ITV
BoC Preview: Nine major banks expectations
EUR/JPY: Above 122.13 sets a base for strength back to 124.44 – Credit Suisse
EUR/JPY gives away gains, retreats from tops near 122.50
NZD/USD advances to fresh daily highs near 0.6570 on risk flows
United States MBA Mortgage Applications climbed from previous 2.2% to 5.1% in July 10
NVAX Stock Price: Novavax Inc. sets to open around $109.00
NIO Stock Price: NIO Inc. keeps wobbling around $14.00
AUD/USD climbs to monthly highs above 0.7000 on USD selloff
S&P 500 to lose mild upside bias below 3116 – Credit Suisse
USD/JPY to turn bearish once below 106.60
Gold Price News and Forecast: XAU/USD revealed descending channel [Video]
BoC Preview: Loonie to fall below 1.35 on an upbeat stance
Gold Price Analysis: Where XAU/USD can go to once it exits swamp of technical lines – Confluence Detector
United States Import Price Index (MoM) came in at 1.4%, above forecasts (1%) in June
EUR/USD to see a fall below 1.10 on a six-month view – Rabobank
United States Export Price Index (MoM) registered at 1.4% above expectations (0.8%) in June
EUR/CHF advances to new 5-week tops, approaches 1.0800
Saudi EnergyMin: Easing of cuts to be consumed as demand continues to recover
Canada Manufacturing Sales (MoM) above expectations (9.5%) in May: Actual (10.7%)
#WKHS Stock Price : Workhorse Group Inc, electric vehicle sector fall flat on Thursday
Indonesia: BI reduces rates further – UOB
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