NZD Softens after RBNZ Hike, Dollar Firming Up
New Zealand Dollar weakens in Asian session after RBNZ rate hike, and leads other commodity currencies lower. Dollar...
Sterling Breaking to the Downside, Euro in Weak Recovery
Markets are trading in mild risk off sentiment, while treasury yields also surge. New Zealand Dollar is leading...
USD/JPY Upside Breakout after Powell Got Nominated Again, Gold Tumbled
Dollar surged overnight after Fed Chair Jerome Powell was nominated for a second term by US President Joe...
Euro Soft But No Fresh Selloff Yet
Euro stays generally soft today even though there is no follow through selling yet. It’s reported that Germany’s...
Market Consolidates in Tight Range But Euro Looks Vulnerable
The forex markets are generally staying in tight range in Asian session, digesting last week’s moves. Euro remains...
Euro Dived on Dovish ECB and Lockdown Fears, More Downside Risks ahead
Euro tumbled broadly and deeply last week, and ended as the run away worst performer. It’s firstly weighed...
Euro Hammered as Lockdown Returns, Risk Sentiments Turn Sour
Euro’s recovery was rather short-lived as selling returns after dovish comments from ECB president. Also, Austria returned to...
Euro Recovers, Dollar Retreats as Markets Turn Quiet
Dollar’s retreat continues in Asian session, but it remains one of the strongest for the week, just next...
Euro Recovering in Crosses, But Not Out of the Woods Yet
The forex markets are a bit mixed today while trading is subdued. New Zealand Dollar stays as the...
NZD Rises Mildly on Firm RBNZ Rate Expectations, Euro Still Pressing Key Support
New Zealand Dollar trades mildly higher today, after an RBNZ survey shows firm expectation of more rate hike...
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