OECD raises 2020 world GDP forecasts to -4.5%

In its interim economic outlook published on Wednesday, the Organization for Economic Cooperation and Development (OECD) now sees the world GDP at -4.5% in 2020, revised 1.5 percentage points higher from June.

 

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USD/JPY: Upward pressure building on the yen, August low at 105.10 at stake – MUFG

Economists at MUFG Bank maintain a view of gradual JPY appreciation. That is likely to play out gradually over the coming months given the clear reali
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USD/CHF flirts with two-week lows, just above mid-0.9000s ahead of US data/FOMC

The USD/CHF pair extended its intraday rejection slide from the 0.9100 neighbourhood and has now dropped back closer to two-week lows. The pair failed
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