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The US nonfarm payrolls report will take centre stage next week as speculation about the size of the Fed’s next rate hike goes into overdrive. Investors will also be keeping a close eye on the...
NZD/USD has climbed sharply today. In the European session, NZD/USD is trading at 0.6247, up 0.95% on the day.China announces stimulusThe New Zealand dollar received a welcome boost from China, which...
NZDUSD is continuing the selling interest despite the bounce off the 0.6156 support level in the preceding session. The price holds near the lower boundary of the Ichimoku cloud, while the 20- and...
NZD/USD currently at 0.6167 in a large range. If we break the bearish triangle, we are looking for a continuation to the day chart bottom/ATR target at the 0.6096 area with a bigger target, the 1.618...
The New Zealand dollar has taken a tumble today. In the European session, NZD/USD has declined by 0.88% and is trading at 0.6289. We continue to see plenty of volatility from the New Zealand dollar....
US retail giants lift recession gloom, as Dow Jones and S&P 500 extend gainsBut FX market focused on US data and Fed minutes, dollar stays firmPound and kiwi reverse gains from UK inflation...
A mixed start to trade in Europe after a more promising session in Asia overnight where stocks may have been boosted by talk of more pro-growth policies in China. That followed disappointing data late...
The currency market story this week contains many parts however initial focus is on deeply oversold wide range currency pairs: GBP/AUD, EUR/AUD, GBP/NZD, EUR/NZD, EUR/CAD, GBP/CAD. The primary...
As of Tuesday 19th November: Large speculators were net-long USD by $17 billion, up by $2.7 billion from the prior week Yet net-long exposure for the dollar index fell to a 20-week...
Large speculators increased net-long exposure to USD by just $0.48 billion to $31.3 billion ($35.7 billion against G10 currencies). Traders were net-short NZD Futures at their most bearish level since...
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