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News

Japan concludes contract with Pfizer to procure 144M doses of covid vaccines in 2021
Commenting on Pfizer’s coronavirus vaccine, Japanese Health minister Norihisa Tamura said that they have concluded a contract with the US drugmaker to | 20/01/2021 09:55
Commenting on Pfizer’s coronavirus vaccine, Japanese Health minister Norihisa Tamura said that they have concluded a contract with the US drugmaker to procure 144 million doses of vaccines in 2021.
“The supply contract is on condition that Pfizer’s vaccine is approved in Japan,” he was quick to add.
The minister said that he hoped the Pfizer’s coronavirus vaccine would be approved in mid-February.
Prime Minister Yoshihide Suga said last week that the government was preparing to start the inoculation program in late February, adding that local governments were readying vaccination centers.
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When is the US monthly jobs report (NFP) and how could it affect EUR/USD?
Friday's US economic docket highlights the release of the closely watched US monthly jobs data, popularly known as NFP. The report is scheduled to be | 05/03/2021 12:12
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USD/ZAR: Rand to reverse some of its gains later in the year – MUFG
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EUR/USD Price Analysis: A move to the 200-day SMA emerges on the horizon
EUR/USD accelerates the decline following the recent breakdown of the psychological 1.2000 hurdle at the end of the week. The current downtrend picked | 05/03/2021 12:03
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Brazil Industrial Output (MoM) meets forecasts (0.4%) in January
Brazil Industrial Output (MoM) meets forecasts (0.4%) in January | 05/03/2021 12:00
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Brazil Industrial Output (YoY) came in at 2% below forecasts (2.2%) in January
Brazil Industrial Output (YoY) came in at 2% below forecasts (2.2%) in January | 05/03/2021 12:00
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AUD/USD renews multi-week lows near 0.7650, eyes on US jobs report
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EUR/USD to test of the 200-DMA at 1.1816 – Credit Suisse
EUR/USD is expected to see a closing break below support at 1.1952/45 for a fall to its 200-day average, currently at 1.1816, the Credit Suisse analys | 05/03/2021 11:52
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GBP/USD Price Analysis: Bounces off three-week lows, focus remains on NFP
The GBP/USD pair witnessed heavy selling for the second straight session on Friday and extended the previous day's retracement slide from levels beyon | 05/03/2021 11:44
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US Dollar Index Price Analysis: Upside momentum now looks to 92.46
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India FX Reserves, USD up to $584.6B in February 26 from previous $583.9B
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Supply shortage of semiconductor belies long-term growth – DBS Bank
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Japan's Suga: Will extend state of emergency in Tokyo area for two weeks
Japanese Prime Minister Yoshihide Suga announced on Friday that they have decided to extend the state of emergency in the Tokyo area for two weeks, as | 05/03/2021 11:23
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USD/JPY to climb towards the 109.85 high of June 2020 – Credit Suisse
USD/JPY is already pushing above the 61.8% retracement of the fall from last March and July 2020 high at 108.17/23 and analysts at Credit Suisse stay | 05/03/2021 11:21
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USD/CAD climbs above 1.2700 as USD continues to gather strength ahead of NFP
The USD/CAD pair dropped below 1.2600 on Thursday but staged a sharp recovery to close the day in the positive territory. With the greenback preservin | 05/03/2021 11:17
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Nonfarm Payrolls Preview: Forecast from nine major banks for February jobs report
The US jobs report for February is due out at 13:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers | 05/03/2021 11:16
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Ireland Gross Domestic Product (YoY) fell from previous 8.1% to 1.5% in 4Q
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EUR/JPY Price Analysis: Rally still targets the 130.00 region
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Ireland Gross Domestic Product (QoQ) dipped from previous 11.1% to -5.1% in 4Q
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GBP/USD: Nonfarm Payrolls to punch a powerless sterling
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USD/RUB: A more hawkish CBR provides impetus for a move below 70.00 – MUFG
During February the Russian rouble strengthened further against the US dollar from 75.746 to 73.868. CBR’s guidance on neutral range for the real poli | 05/03/2021 10:25
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USD/JPY rallies to fresh multi-month tops, around mid-108.00s ahead of NFP
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China tells banks to scale back lending to contain financial bubble risks – Reuters
The Chinese authorities are asking banks to put a check on their lending this year, in order to safeguard against risks emerging from bubbles in dome | 05/03/2021 09:57
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Malaysia: BNM kept rates on hold – UOB
The Bank Negara Malaysia (BNM) is forecast to keep monetary conditions on hold for the rest of the year, according to Senior Economist Julia Goh and E | 05/03/2021 09:46
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EUR/CHF to advance nicely on positive global developments – MUFG
During February the Swiss franc weakened against the euro from 1.0800 to 1.0983 as havens have been hit as optimism over global recovery builds. Econo | 05/03/2021 09:39
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Eurozone: Key gauge of long-term inflation expectations hits 21-month tops above 1.40%
In a sign that the reflation trade is alive and kicking, a key gauge of long-term Eurozone inflation expectations rose above 1.40% for the first time | 05/03/2021 09:35
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NZD/USD dives to one-month lows, below mid-0.7100s amid notable USD demand
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Gold Price Analysis: XAU/USD turns south once again, eyes $1670 ahead of NFP
Having hit nine-month lows at $1687 earlier this Friday, Gold (XAU/USD) bulls are struggling to extend the recovery above the $1700 level. Gold prices | 05/03/2021 09:26
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USD/CAD: Rising oil prices to provide tailwind for stronger loonie – MUFG
During February the Canadian dollar strengthened modestly against the US dollar from 1.2782 to 1.2696. Economists at MUFG Bank have adjusted the USD/C | 05/03/2021 09:20
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AUD/USD Price Analysis: Plummets to over three-week lows, around 0.7675-70 region
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Malaysia: Investment Approvals seen higher in 2021 – UOB
Senior Economist Julia Goh and Economist Loke Siew Ting at UOB Group commented on the latest Approved Investments figures in Malaysia. Key Quotes “Mal | 05/03/2021 09:02