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Forex news for Asia trading Monday 27 July 2020



  • Gold's (nearly) 2 year rally finally takes out $1920
  • EUR/USD above fair value model - here's what'll cap the upside
  • China June industrial profits up 11.5% y/y (prior +6.0%)
  • Australian state of Victoria reports 532 new COVID-19 cases
  • BOJ: Must watch impact of pandemic on the economy
  • Japan Capex data for Q1, final: +0.1% y/y (preliminary was +4.3%)
  • White House says agreement 'in principle' reached on the next coronavirus economic rescue bill
  • Latest COVID-19 numbers out of Texas, case growth slowing, deaths rising
  • Gold back above US $1,905 as the new week opens
  • Germany says no to Trump's proposal to allow Russia back into the G7
  • Tokyo metropolitan government reported 239 new cases of coronavirus infection on Sunday
  • EU €750bn Recovery Fund Italy worried money will not come soon enough to avert an autumn liquidity squeeze
  • UK new coronavirus rule announced on Saturday - travellers from Spain get 14 days quarantine
  • German state premier says coronavirus second wave troubling for Germany
  • Treasury Sec. Mnuchin: Phase 4 stimulus could be done piecemeal
  • JPM says to sell USD/CHF ahead of the FX manipulation report
  • Hanna upgraded to hurricane - approaching the coast of Texas
  • US coronavirus case count is second-highest on record

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