The New Zealand dollar is under pressure from all sides and against many currencies. What’s in store for NZD/USD and AUD/NZD? Here are several opinions: Here is their view, courtesy of eFXnews: NZD:...
AUDUSD is facing 0.7995 resistance, a break of this level could signal resumption of the uptrend from 0.7807, then next target would be at 0.8050 area. Key support is at 0.7866, only a breakdown below...
EUR/GBP The EUR/GBP pair broke to a fresh, new high during the week but turned around to form a rather negative candle. By doing so, it looks as if we could pull back from here, perhaps looking for su...
The August round of manufacturing PMIs at an aggregate level showed a trend of muddling through. But it was a different type of muddling through whether you were talking about developed economies or e...
After opening the day in red, share markets in India continued the downtrend and are currently trading weak amid fresh missile launch threats from North Korea. Sectoral indices are trading on a nega...
The Nonfarm payrolls jobs report left investors disappointed, and the greenback under further pressure, as the United States economy created just 156,000 jobs in August while the official US unemploym...
True to its reputation, the month of August was lukewarm for global equities including the United States. In fact, a consensus carried out from 1950 to 2016 shows that August ended up offering positiv...
Previous: On Friday the 1st of September, trading on the euro/dollar pair closed slightly up. Volatility increased after the US jobs report was published. 156,000 new jobs were added in the US outsid...
When I described U.S. Concrete (USCR) as a strong play on the U.S. economy, I noted I would wait for a dip in the stock before picking a spot to buy. That opportunity came a lot faster than I expecte...
The threat of total abandonment of NAFTA took on a second front today as Canada’s biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labor standards. Pleas...