NZD/USD slides towards weekly low near 0.6200 amid six-day downtrend on mixed clues
NZD/USD remains on the back foot at the intraday low of 0.6225 while reversing late Thursday’s corrective bounce off the weekly low amid the early Asi
Read More »Forexlive Americas FX news wrap 14 Jul. USD rises today but down for the week
S&P and NASDAQ snap four-day winning streak. Dow up for the 5th consecutive day Bank of Canada’s Macklem: Our forecast has inflation moving around 3% most of next year WTI…
Read More »Forexlive Americas FX news wrap 14 Apr:Feds Waller/U of Michigan inflation send USD higher
Major US stock indices close lower but recover about half of the day declines Gold tumbles and falls back below $2000, but rebounding WTI crude oil settles at $82.52 What…
Read More »It quarter end. How did the major currency pairs vs the USD do? What levels to eye in 2Q
<p>Today is quarter end. The USD is ending the quarter mixed with declines vs the <a href="https://www.forexlive.com/terms/e/eur/" class="terms__main-term" id="b0427fd7-674c-4ad1-b689-22d1f8b087b0">EUR</a>, <a href="https://www.forexlive.com/terms/g/gbp/" class="terms__secondary-term" id="3a5ab7c1-ff09-45ea-87d4-eea6613bb754">GBP</a>, CHF and CAD and gains vs the…
Read More »Reserve Bank of New Zealand policy decision due mid-week. Preview & NZD implications.
<p>TD expect a +50bp rate hike from the Reserve Bank of New Zealand this week.</p><ul><li>The consensus is for +50 also. </li></ul><p>The decision is due at 0100 GMT on Wednesday 22…
Read More »4 trading themes for 2023: #1 Never underestimate the spending power of the US consumer
<p class="MsoNormal">There are really only two camps in financial markets heading into 2023.</p><ol><li> The group that thinks the Fed has hiked too much and the economy is going into a…
Read More »NZD/USD Price Analysis: Retreats towards 0.6300 inside weekly bullish channel
NZD/USD renews its intraday low near 0.6330 as it pares the recent gains during the last trading day of 2022. The Kiwi pair rose during the last two c
Read More »Market Update – December 20 – Pre-Christmas Surprise from BOJ
The USD Index is betwixt and between amid various drivers. It closed at 104.706, inside the day’s 104.931 to 103.50 range. The advent of the holidays and year end have…
Read More »Market Update – November 30
USDIndex slightly below 1-week amid reports of a softer stance on Covid emerging in China’s official rhetoric, which is keeping hopes alive that there won’t be a move back to…
Read More »Forexlive Americas FX news wrap: Falling unemployment leads to tumbling stock markets
<ul><li><a href="https://www.forexlive.com/news/us-september-non-farm-payrolls-263k-vs-250k-expected-20221007/">US September non-farm payrolls +263K vs +250K expected</a></li><li><a href="https://www.forexlive.com/news/canada-september-employment-change-211k-vs-200k-expected-20221007/">Canada September employment change +21.1K vs. +20.0K expected</a></li><li><a href="https://www.forexlive.com/centralbank/feds-williams-the-economy-has-shown-extraordinary-strength-post-pandemic-20221007/">Fed's Williams: The economy has shown extraordinary strength post-pandemic</a></li><li><a href="https://www.forexlive.com/centralbank/atlanta-fed-gdpnow-estimate-for-3q-growth-rises-to-29-from-27-20221007/">Atlanta Fed GDPNow estimate…
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