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Upbeat Australian and Chinese data turned old history with Melbourne’s coronavirus outbreak. Gold prices had lost the positive momentum as central banks paused massive stimulus. AUD/USD lost its bullish strength, but the bearish potential remains well-limited. The AUD/USD pair is modestly up for a

The Bank of Japan minutes of the June interest rate meeting have been released. A few members said that the BoJ's role was to provide liquidity and that it was important to cooperate with the government while clarifying their respective roles, as Reuters reports:   BoJ June meeting minutes Members

The Reserve Bank of New Zealand (RBNZ) is out with its Sectoral Factor Model Inflation Index for the second quarter, with the figures coming in at 1.8% YoY vs. 1.8% previous. This data comes after the official New Zealand (NZ) CPI met the consensus forecasts. Actual NZ Q2 CPI:  -0.5% QoQ vs. -0.5% e

Gold futures rebounded from early session weakness on Friday to close higher for the session. The two-sided price action was generated as fears over business disruptions due to another record-breaking rise in COVID-19 cases at home drove up the possibility of additional fiscal and monetary stimulus.

The Stats It was a particularly busy week on the economic calendar, in the week ending 17th July. A total of just 74 stats were monitored, following the 30 stats from the week prior. Of the 74 stats, 44 came in ahead forecasts, with 18 economic indicators coming up short of forecast. 12 stats were i