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Day: April 27, 2020
April 272020
Brazilian Real Continues Testing Record Lows, Fueling Rate Cut Expectations
The Brazilian real continues to test record lows against a myriad of G10 currencies, including the US dollar. With disappointing economic data, a decline in financial markets, and a political crisis unfolding, the real has become the worst-performing emerging market currency this year. Is more pain ahead for Brazil amid the coronavirus pandemic? The March numbers are only now beginning to pour in, and they are not providing an optimistic view of the Latin […]
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April 272020
Four Tips to Help You Find a House on Rent
Bangkok is a sprawling metropolis that attracts people from all over the globe. You will find many expats living here, as well as locals and professionals working in different industries. Needless to say, the housing market in Bangkok is pretty big, and finding a good house on rent is going to be difficult for you. […]
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April 272020
Bulls on AUD/USD Eye the 0.6500 Psychological Level
The Australian dollar versus the US dollar currency pair seems determined to conquer the 0.6500 level. Might this be the preparation for a bearish movement? Long-term perspective After retracing from the 0.5511 support level, the price confirmed the support of 0.6015. That confirmation etched a rally that peaked at 0.6446 and then retraced to the 0.6313, confirming the latter as support. The development that took place from 0.6015 could repeat from 0.6313. As a consequence, this […]
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April 272020
Japanese Yen Mixed After BoJ Expands Stimulus
The Japanese yen was mixed today after the Bank of Japan boosted measures to stimulate the national economy at today’s shortened one-day meeting. The currency fell against the Australian and New Zealand dollars as well as the Great Britain pound but managed to gain on the US dollar and the Swiss franc. The Bank of Japan announced that it is going to purchase as many government bonds as necessary to keep the 10-year bond yields at around zero percent, removing […]
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