Germany’s KfW: Expect GDP to decline by 6% in 2020

In a fresh report published on Tuesday, Germany’s KfW state development bank said it expects 2020 German GDP to decline by 6%.

more to come ...

May 12, 2020

NZD/USD: April 2020 high at 0.6165/80 have capped for a fresh leg lower – Credit Suisse

NZD/USD stayed capped at the 2019 downtrend and April high at 0.6165/80 as expected for a rebound lower and completion of a bearish ‘reversal day,’ pe

EUR/USD: R is not recovery for the euro

EUR/USD is struggling to recover amid fears of a second wave of infections. Sino-American relations, US inflation, and coronavirus statistics will lik