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EUR/USD beat strong resistance at 9920/40 for a buy signal. The break above the October high at 9999 confirms the buy signal targeting 1.0050 and 1.0100/20. As I write we held just 7 pips from...
NZD/USD was up sharply earlier in the day but has pared most of those gains. In the North American session, the New Zealand dollar is trading at 0.5663, up 0.49%.New Zealand Inflation Higher Than...
Yen hits 32-year low against dollar as Japan’s currency crisis deepensSterling recovers after new finance minister tears up disastrous tax plansStock markets stage comeback too, encouraged by...
Gold is holding below minor resistance at 1675/78 should re-target 1668/66, 1660/57 & then retest 1642/40. Gains are likely to be limited with first resistance at 1655/60. Shorts need stops above...
Inflation will dominate the market theme again in the coming week as, after the United States, it will be the turn of others to face their inflation demons. With the risk of recession growing by the...
USD/NZD is in negative territory today, after three days of slight gains. In the European session, USD/NZD is trading at 0.5622, down 0.33%. On Thursday, the New Zealand currency fell as low as...
NZD/USD started the day with gains but has reversed directions. The New Zealand dollar is trading at 0.5707, down 0.52%.RBNZ raises rates by 0.50%As expected, the Reserve Bank of New Zealand delivered...
Drop in US job openings points to cooling labour market, boosts risk appetiteStocks stage massive rally but may have hit a snag as Fed stands firmDollar retraces some losses but kiwi bucks the trend...
NZD/USD finally jumped above the weekly resistance of 0.5730 to top at 0.5800 in the wake of the RBNZ’s hawkish policy announcement early on Wednesday.Although the pair has already...
Wall Street rebounds on worse than expected ISM PMIPound extends recovery on UK government’s U-turnRBA hikes by 25bps, RBNZ takes the torchGold gains on sliding bond yieldsWall Street rebounds,...
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