NZDUSD Bullish Above 0.7000
The New Zealand dollar is on the rise against the US dollar after the New Zealand inflation report came in much stronger than the market had been expecting. The four-hour time frame shows that the NZDUSD pair is trading inside...
XAU/USD Outlook: Dips To Provide Better Buying Opportunities $1800 Support Expected To Hold
Spot gold eases on Friday morning after larger bulls broke above pivotal 200DMA ($1826) but Thursday’s Doji candle signaled indecision. Dips are likely to provide better buying opportunities, as near-term structure is bullish, and the yellow metal remains attractive for...
GBP/USD Outlook: Clear Break Out Of Triangle To Provide Fresh Direction Signal
Cable probes below triangle support line in early Friday, after repeated rejections at the upper boundary of the pattern, signaled that bulls are lacking momentum, despite positive UK inflation data. Fresh weakness is mainly driven by strength of the dollar...
New Zealand Dollar Surges on Strong CPI, Aussie and Loonie Lag Behind
New Zealand Dollar surges broadly again today as decade high CPI reading prompted more speculations on RBNZ rate hikes. That somewhat helps stabilizes the selloff in Aussie and Loonie. On the other hand, Yen appears to be softening slightly as...
Tech Stocks Q2 Earnings Preview: Tech Rally To Continue?
Big tech report whilst hovering around all time highs Heading towards US tech stocks earnings seasons the Nasdaq is trading around its record high record high. The reflation trade is in retreat. Growth expectations have soured, reflected in falling US...
Stock futures slip as Wall Street wraps up first week of second-quarter earnings
Scott Mlyn | CNBC Futures contracts tied to the U.S. stock indexes slipped during the overnight session Thursday evening as Wall Street neared the end of the first major week of second-quarter earnings reports. Contracts linked to the S&P 500...
EURJPY Bounces on Support Base Formed in April
EURJPY has found footing for a second time in the vicinity of the support boundary of 129.56-129.78, formed by the lows in April. In spite of this, the simple moving averages (SMAs) are maintaining their bearish bearings, feeding the downward...
EURJPY Bounces on Support Base Formed in April
EURJPY has found footing for a second time in the vicinity of the support boundary of 129.56-129.78, formed by the lows in April. In spite of this, the simple moving averages (SMAs) are maintaining their bearish bearings, feeding the downward...
NZ Dollar Under Pressure ahead of CPI
The New Zealand dollar has reversed directions and is down considerably on Thursday. Currently, NZD/USD is trading at 0.6986, down 0.61% on the day. New Zealand CPI eyed After the RBNZ grabbed the headlines on Wednesday and sent the New...
Watch Fed Chair Powell speak live to Senate banking panel on the economy and policy
[The stream is slated to start at 9:30 am ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Committee on Banking, Housing and...
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