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Monthly archive July, 2016

AUDNZD – Can Aussie Dollar Continue With Recovery?

Key Points

  • The Aussie dollar traded higher against the New Zealand dollar after testing the 1.0570 support Read More →

EURJPY – Euro Heading Towards Break, Which Side Are You On?

Key Points

  • The Euro is attempting to clear a major resistance area against the Japanese yen.
  • There Read More →

Weaker GBP Remains The ‘Clearest Trend’ In Markets; En-Route To 1.25 – ANZ

A weaker GBP remains the clearest trend in markets. Policy easing, political uncertainty, and a twin deficit will all keep the pressure on.

The mix of slowing economic growth, looser monetary policy, and a large twin deficit are negatives Read More →

Fed holds off from signalling near-term rate hike, dollar skids lower

Wall Street shares closed mixed Wednesday following the Fed statement and major earnings reports. Gains in shares of Apple countered declines in Coca-Cola.

The Dow Jones industrial average and S&P 500 closed slightly lower. The Nasdaq composite outperformed, helped Read More →