The NZD USD trading pair glided through the first half of yesterday’s trading with the help of RBNZ news. The Reserve Bank of New Zealand said on Wednesday that it will hold on to its current cash rates. The 1% cash rates of the RBNZ will remain as it is, maintaining record lows. The news …
The NZD USD exchange rate steadies in today’s trading as news from the Reserve Bank of New Zealand revives the kiwi. Today the RBNZ announced that it will maintain the current rates at a record-low of 1%. As expected, the Reserve Bank of New Zealand said that there is scope for more fiscal and monetary …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD The pair started the trading week on a negative note, falling to record lows and closing in the red. The pair still trades below the 50-day moving average, which is also below the …
Daily Market Charts and Analysis September 24, 2019 Read More »
The US dollar index was seen trading flat last week in Friday’s trading sessions. The news from August’s NFP report caused the US dollar index to slip in the earlier half of the sessions. USD traders were also on the edge of their seats. The US Dollar Index had an upsetting drop on Thursday’s trading. …
News from the US-China trade war caused the Japanese yen exchange rate to fall in yesterday’s trading. The Japanese Yen Contract recorded a loss of 0.37%, or 0.000035 points, in Thursday’s trading. The CNY to JPY trading pair went up by 0.51% or 0.0759 points, hitting ranges between ¥14.8790 and ¥14.9720 in sessions. While the …
The NZD USD exchange pair managed to recover from its slump in yesterday’s trading. Then NZD had a tough rally on the earlier half of the day after the data from the ANZ Bank disappointed kiwi traders. The NZD USD pair went down by 0.17% or 0.0011 points in the first half of Thursday’s trading. …
The NZD USD trading pair went down as the New Zealand dollar weakened over the disappointing data from ANZ Banks’s business confidence indicator. The data from the ANZ indicator showed that business confidence in New Zealand declined in August to -52.8. The upset data disappointed Kiwi traders and caused the NZD to drop. The NZD …
The AUD weakened in yesterday’s trading after RBA’s Guy Debelle commented on the US-China trade war. The Australian dollar lost against major currencies from the West in Yesterday’s trading. The AUD to USD trading pair lost 0.37% or 0.0025 points. The pair reached ranges between $0.6746 and $0.6781 in Tuesday’s sessions. The EUR to AUD …
Europe’s single currency lost its footing against the greenback in yesterday’s sessions. The USD remained stubbornly strong as the tension between Beijing and Washington continues. The EUR/USD pair edged up 0.03% or 0.0004 points yesterday. The pair traded around ranges between $1.1071 and $1.1089 in sessions. The US Dollar Index slightly edged up 0.02% or …
NZDCAD The pair traded within a channel in the past months, overall pursuing a downtrend as the Canadian dollar gathers strength from the perking up in oil prices. On the NZD side, the bank has implemented aggressive rate cuts in recent weeks. According to the central bank’s assistant governor, such aggressive moves decreased the need …
The Japanese yen remains in green territories against major currencies in today’s trading. The JPY received support from the slipping treasury yields that worried traders for the downward run of the global economy. As investors turn to safe haven such as precious metals and the yen, the Japanese currency gets stronger. The USD to JPY …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCAD The pair has fallen steeply in the past weeks, with prices staying under the 50-day and 200-day moving averages, indicating further bearish moves in the near future. The euro has broadly weakened, sticking …
On Monday, the dollar strengthened against the yen on the forex markets. Investors toughened outlooks for an aggressive Federal Reserve interest rate cut later this month. The dollar grew 0.2% versus the yen to 107.92 due to the rise in U.S yields. Friday’s modest gains were pushed by the benchmark 10-year Treasury yield and scaled …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURGBP The pair is moving up the trading channel is established in late April, having broken a resistance line and now approaching another resistance level. Bullish signals are all over the place, with the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPNZD The British pound appears to be trying to have a pullback, although it was still down and outside the upward trading channel it established on the daily chart. The New Zealand dollar was …
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