(Corrects Aussie's price move to "lower" instead of "higher" in paragraph 10)* Dollar rises against basket of major currencies* Investors await Powell...
The USD/CNH hourly chart shows a pennant pattern.. An upside breakout would mean continuation of the rally (or sell-off in offshore Yuan exchange rate) and would allow a break...
The Aussie is resuming to strike a weaker tone in early Tuesday action after the RBA towed the regular line of wait-and-see, noting high household debt and sluggish wage...
John D. Rockefeller is widely regarded as the wealthiest man in history (when adjusted for inflation, he had a net worth of $400,000,000,000 dollars…) The secret to his wealth? It’s simple, he owned a...
The Australian Dollar was volatile on Tuesday as the minutes of the last Reserve Bank of Australia policy meeting suggested that the central bank still thinks the next rate...
AUD hardly moved after the RBA minutes reiterated that there is no strong case for a near-term move in interest rates. Bulls need a close above previous day's doji candle high...
The Reserve Bank of Australia (RBA) has dropped the latest release of the central bank's Meeting Minutes, and the RBA has maintained their steady policy stance of waiting for...
According to analysts at ANZ, the Chinese Yuan and other Asian currencies are being hit by the worsening trade tensions between the US and China, and the bank suggests that the gap...
The People's Bank of China (PBOC) set the Yuan reference rate at 6.6821 vs the previous day's fix of 6.6758.
USD/JPY bulls are advancing on thin ice in Tokyo. We have yet further key events this week, which are sure to keep traders alert and not fully positioned one way of the other....
The Dollar is seeing some lift heading into Tuesday's action. Another speech from the US Fed's Powell is due for Wednesday, and Greenback bulls are looking forward to...
Analysts at Nomura offered their model's outlook for today's fix. Key Quotes: "Our model1 projects the fix to be 68 pips higher than the previous fix (6.6826 from 6.6758)...
RBA Meeting Minutes overview The Reserve Bank of Australia (RBA) will be publishing the Meeting Minutes of their latest meetings at 01:30 GMT. The RBA has been striking a dovish...
NZD/USD dropped circa 10 pips on the NZ Q2 CPI data that arrived at 0.4%. A deeper support comes as 0.6720 and resistance is located at 0.6860 (21-D SMA 0.6817). 0.6785 is where...
US stocks edged cautiously lower as crude oil prices fell, the US filed WTO complaints and the IMF saw risks to global growth. The New Zealand Dollar brushed off a local CPI miss.
The New Zealand CPI came in below expectations, with the y/y CPI printing at 1.5% versus the expected 1.6% (last 1.1%), while the quarterly inflation reading came in at just 0.4%...
Westpac with a 1 to 3 month outlook for the AUD TL;DR is: More: The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings...
The Aussie is middling through the new trading week as traders await meaningful releases. RBA Meeting Minutes due early Tuesday could send the major pair into a new...
EUR/USD appears to be making another run at the June-high (1.1852) as the exchange rate snaps the recent string of lower highs & lows ahead of the Fed testimony.
The UK government has voted on, and passed, an amendment bill to the latest Brexit strategy proposed by Prime Minister Theresa May, and the details of the amendment may make it...
Inflation data will be the prime focus this week, with CPI reports due out for four of the major currencies.
NZ CPI overview The latest New Zealand CPI reading, slated for late Monday at 22:45 GMT, sees market forecasts anticipating an improvement in the long-term figures, but some slack...
Analysts at ANZ explained that CPI releases often generate plenty of interest; it is a major piece of economic data after all. Key Quotes: "However, today’s release for Q2...
EUR/USD bulls are still hanging above the 1.1700 figure as the market has been ranging for the last 10 hours. EUR/USD is currently capped by a daily trendline and the daily...
A deeper support comes as 0.6720 and resistance is located at 0.6860. 0.6785 is where the 10-D SMA is located and bears are looking for closes below there to confirm a...
A marked pick up in New Zealand’s Consumer Price Index (CPI) may fuel the rebound in NZD/USD as it puts pressure on the RBNZ to lift the cash rate off of the record-low.
USD/CHF tumbles from 1-year highs signals more losses ahead. Swiss franc among biggest gainers on Monday. The USD/CHF pair dropped sharply on Monday extending the reversal that...
The British Pound is poised to move this week as a series of pivotal data points are released ahead of the BoE's Super Thursday rate decision in August. Can expectations for higher...
The Japanese Yen continues to weaken against the US Dollar as sights are set on a move through the YTD high and toward the late 2017 high and possibly beyond.
USD/CHF slipped below the parity level as the week started. It is now trading below its 50, 100 and 200-period simple moving averages. However, USD/CHF is finding some support...
The pound was dipping on a win on Parliment for Brexiteers and indeed impressive US retail sales revisions. As ever, its all been toing and froing when it comes to the Brexit...
Unchanged on the day The USDJPY was trading between the a topside trend line and lower trend line to start the NY session. Since then, the higher trend line has not been tested,...
The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.
The main focus for NZD traders will be the inflation data for Q2 scheduled at 2245GMT, in which the quarterly reading is expected at 0.5%, marking a rise of 1.6%.
USD/CAD is slowly drifting lower as it is trading below its 200-period simple moving average. However, USD/CAD is back into the 1.3120-1.3155 trading range and the currency pair...
