The New Zealand dollar is steadily rising against the US dollar, with the NZD/USD pair reaching 0.6014 as of Monday. The financial markets are gearing up for Wednesday’s Reserve Bank of New Zealand (RBNZ) meeting. Read more…
China’s lacklustre core consumer inflation growth for July suggests the current pace of piecemeal stimulus measures is not sufficient to eradicate deflationary pressures. The “non-abating” deflationary risk scenario pushed the 10-year China sovereign bond yield Read more…
Focus on NZDUSD! Exciting trading possibilities are just around the corner. The NZDUSD pair is usually called the “Kiwi,”. It denotes the exchange rate between the New Zealand dollar and the US dollar. It is Read more…
AUDUSD advanced 0.5% in Asian / European trading on Monday, to completely reverse Friday’s drop and generate initial signal of bullish continuation. Fresh strength cracked pivotal barriers at 0.6600 zone (converged 200/100DMA’s / base of Read more…
The Australian dollar has started the week in positive territory. AUDUSD is trading at 0.6596 in the European session, up 0.41% on the day at the time of writing. Australian dollar recovers as markets stabilize Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early Monday trading, while Treasury yields and the dollar held steady, as calm returned to global stock markets ahead of what Read more…
Gold remains at the front foot and edges higher in early Monday, extending recovery into third straight day. The yellow metal regained ground after last week’s sharp fall, boosted by growing signals that the Fed Read more…
Gold advances after bouncing off 50-day SMA The bulls eye recent record high as next target Oscillators are cautiously tilted to the upside Gold has been trading back and forth within a range in the past month, Read more…
In focus today Danish CPI is due this morning, and we expect inflation to decline from 1.8% in June to 0.9% in July, as last year’s temporary suspension of the electricity fee exits the inflation Read more…
Daily Pivots: (S1) 1.0906; (P) 1.0919; (R1) 1.0929; More….. Intraday bias in EUR/USD remains for the moment. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, Read more…