Market Update – April 26 – Fragile Sentiment
Sentiment stabilised, after a mostly gloomy session for stocks yesterday. Wall Street got a late boost. Across the Asia Pacific region, the ASX underperformed in catch up trade, after returning…
Read More »U.S. Dollar (USD) Is On Our Radar!
Since the USD plays such a strong role in global economics, we thought it appropriate to see how the USD performance is vs. other currencies and investments. For the U.S….
Read More »New Zealand Dollar: NZD/USD in Dangerous Spot Ahead of FOMC, New Zealand CPI
The New Zealand Dollar is slightly higher versus the US Dollar in early APAC trading, but an overnight break to new yearly lows leaves NZD/USD susceptible to further losses. FOMC…
Read More »New Zealand Dollar Forecast: NZD/USD Falls as Haven Flows Charge US Dollar
The New Zealand Dollar weakened versus the US Dollar overnight as a bearish session on Wall Street prompted increased haven flows. Asia-Pacific trading is likely to see this risk-off move…
Read More »NZD/USD Bulls Target December High After US CPI Fails to Inspire Greenback
The New Zealand Dollar gained along with the Australian Dollar and Chinese Yuan after a red hot US CPI print failed to inspire the US Dollar. A light economic docket…
Read More »NZD/USD Price Analysis: Sellers attack 100-SMA inside familiar trading range
NZD/USD remains pressured around daily low, keeping the previous day’s bearish bias. That said, the kiwi pair edges lower to 0.6790 during Thursday’s
Read More »Market Update – December 20 – Risk-Off greets the start of Week 51
USD (USDIndex 96.60) rallied on Friday from 95.80 lows and holds gains to start the week. Stocks sank again on Friday and are lower today, Yields also fell and remain…
Read More »Dollar moving on up ahead of NFP
Overnight Headlines *Senate approves spending bill averting government shutdown *Oil stabilises following the OPEC+ surprise decision to continue their 400k output increase *Dollar edges higher before US jobs data as…
Read More »Fed’s Powell significant hawkish turn
Overnight Headlines *Powell places faster bond-buying taper on Fed’s December meeting list *Oil rises ahead of two-day OPEC+ meeting under Omicron cloud *USD was mixed after Powell’s pivot on inflation…
Read More »Fresh risk-off wave hits markets
Overnight Headlines *Risk sentiment turn gloomy as Moderna Chief predicts existing vaccines will struggle *President Biden warns against Omicron panic, pledges no new lockdowns *USD is mixed as safe havens…
Read More »