Dollar as a Safe Haven or Source of Global Instability?
The US Dollar is the traditional safe haven currency – a boon when global risk is shaken by a pandemic. And yet, that role is not inviolable. With a swell…
Read More »Australia trade balance for May: AUD +8.025 bn (expected AUD +9bn)
AUD 8.025bn surplus – expected AUD 9bn surplus – prior AUD surplus revised to 7.83bn – exports expected -7% m/m, prior -11% – imports expected -9% m/m, prior -10% AUD…
Read More »RBNZ’s Orr welcomes decline in retail interest rates
RBNZ’s Orr welcomes decline in retail interest rates, saying “now is not the time for credit crunch to develop”.
Read More »Canadian Dollar Trading: US Economic Growth Takes Center Stage
A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.
Read More »Euro Forecast: Choppy Trading Likely in EUR/USD on Quarter-End Flows
The coming week sees the start of a new month and a new quarter, when portfolio rebalancing could result in turbulent trading in major assets, including EUR/USD and the Euro…
Read More »NZD/USD Rate Vulnerable Following RBNZ as RSI Snaps Bullish Formation
NZD/USD may continue to give back the advance from the start of the month as the Relative Strength Index (RSI) snaps the upward trend carried over from March.
Read More »New Zealand Dollar Struggles Continue as RBNZ Comes Into Focus
The New Zealand Dollar is at risk of breaking down against its major counterparts as investors look forward to the upcoming RBNZ meeting.
Read More »Australian Dollar Outlook Bearish on Concerns of Second Covid-19 Outbreak
AUD may come under pressure in the week ahead as fear of a second-wave of Covid-19 rattles financial markets amid growing China-Australia geopolitical tensions.
Read More »What is a “Float”?
If you are an active day trader or investor, I’m sure you’ve heard the word “float” getting used a lot. So, what exactly is it? The term ‘Float’ references the…
Read More »HOW TO TRADE GBP USD NOW?
After making a low around 1.20800 Gbp usd is now trading around 1.26000. Big question is that if the pair near it’s Top now or the strength will continue further?…
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