Market Update – August 8 – USD holds post NFP bid
USDIndex held onto NFP inspired bid trades at 106.40, from 106.80. NFP big beat across the board; headline more than double expectations at 528K, June revised 26K higher, Unemployment fell…
Read More »NZD/USD Rises on US Dollar Pullback as APAC Traders Eye Australian Trade Data
The New Zealand Dollar rose, taking advantage of a broadly weaker US Dollar that fell as market sentiment improved overnight. APAC traders are watching today’s trade numbers out of Australia.
Read More »RBNZ monetary policy decision and review due at 0200 GMT: 3 scenarios (& NZD implications)
The Reserve Bank of New Zealand is widely expected to hike its official cash rate (OCR) by 50bp today: Wednesday, 13 July 2022 due at 0200 GMT Previews earlier: Reserve…
Read More »Forexlive Americas FX news wrap: US adds 372K new jobs in June
US major indices close the day with mixed results Can it really be? Earnings calendar starts next week Crude oil futures settle at $104.79 US May consumer credit outstanding +22.35B…
Read More »Market Update – July 1 – Sharpest 1st-half decline in 50 years
USD declined (USDIndex 104.38), Equities finished much the way they began the year. Equities extended lower, led by tech, though declines were broadbased amid growth worries. – For the year-to-date, the USA100 plunged -29.5%, the USA500 dropped -20.6%,…
Read More »NZD/USD rises above 0.6300 on an upbeat market mood and a soft US dollar
The New Zealand dollar recorded solid gains vs. the greenback, snapping two days of consecutive losses, recovering from daily lows near 0.6266, pierci
Read More »USD surging higher, taking back some lost ground
The US dollar is higher across the major FX board. USD/JPY is back above 128 USD/CHF is back above 0.9600 and on approach to its high during the Europe timezone…
Read More »AUD/USD and NZD/USD ticking higher still.
Its been a good beginning to the week, which is still very young of course, for the ‘risk’ trade. US equity index futures are still moving higher, regional equities here…
Read More »Forexlive Americas FX news wrap: No bad luck on Friday the 13th. Stocks rebound.
himRebound. US stocks move higher today, but still down on the week Silver trades to the lowest level since July 2020 on dollar buying and bearish technicals WTI crude oil…
Read More »Forexlive Americas FX news: As the clock towards the Fed next week, stocks are not happy
May seasonals: What’s in store in the month ahead? Crude oil gives up earlier gains and settles down $0.67 at $104.69 Russia’s Lavrov: Most key customers agreed to gas-payment terms…
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