The New Zealand dollar advanced to a fresh monthly high of 0.8051 and the NZD/USD may continue to retrace the sharp decline from the previous month as market participants increase their appetite for yields.
Read MoreThe Japanese Yen struggled to hold its ground following the rise in risk sentiment, and the low-yielding currency may face additional headwind over the following week as the government steps up its effort to stem the marked...
Read MoreA week after bullish weekly key reversals in the AUDUSD and S&P, strength continued in a straight line. What’s in store for next...
Read MoreThere is a cluster of resistance from 10350 to 10400 in the AUDUSD – will the market respect the zone
Read MoreThe Yen crosses are nearing price and indicator levels that need to hold in order for the larger trend to still be considered down.
Read MoreThe rebound in risk sentiment spurred a selloff in the USD and the greenback may trade heavy throughout the remainder of the day as optimism surrounding the Group of 20 meeting in Paris props up investor...
Read MoreGold and silver continue to zigzag as they have changed direction yesterday and slipped along with the rest of the financial markets including the US stock markets. Currently gold and silver changed direction again and are...
Read MoreAs the beleaguered Eurozone attempts to fix itself, consumer prices are rising more than ever. The new data puts additional pressure on the ECB to solve the crisis without making day-to-day life even...
Read MoreAll eyes are looking ahead to the weekend’s G-20 finance ministers’ meeting amid rumors of plans to use the IMF to deliver emerging-market funds for EU crisis aid.
Read MoreWe see risks for additional USD depreciation as limited and will be looking to buy the USD on dips into next week. Stand aside for...
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