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Germany’s IFO: Economy to contract by 6.6% in 2020

Germany's influential IFO institute said in a report on Tuesday, it sees the economy contracting by 6.6% YoY in 2020.

 

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Gold Price Analysis: Attempts recovery above $1700 after the $25 slide

Gold prices (XAU/USD) has bounced off four-day lows of $1692.04 and looks to extend the recovery momentum above the 1700 mark, despite a broadly firme
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NZD/USD expected to remain side-lined – UOB

In opinion of FX Strategists at UOB Group, NZD/USD is expected to keep the consolidative stance unchanged for the time being. Key Quotes 24-hour view:
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