Monthly archive April, 2014

Talking Points: NZ Dollar Higher on RBNZ Rate Hike But Gains May Prove Fleeting Upside Surprise on German IFO Survey Data May Not Help the Euro US Dollar Looks to Extend Recovery, Eyeing Durable Goods Report The New Zealand Dollar outperformed in otherwise quiet Read More →

- Reserve Bank of New Zealand to Raise Rates for Second Straight Meeting. - Market Participants Pricing 97% Chance for 25bp Rate Hike According to OIS. Trading the News: Reserve Bank Read More →

Talking Points: - USDOLLAR Continues to Search for Lower High; Watching for Close Above 10,470 - AUD/NZD Fails to Close Above 1.0900; Hawkish RBNZ to Prompt Further Declines - GBP/AUD Breaks Out of Bearish RSI Momentum; Higher High on Tap? Index Last High Low Daily Change (%) Daily Range Read More →

Talking Points: - EURAUD, EURUSD turn higher post-Aussie CPI, post-EZ PMIs. - GBPUSD in range (double top? bull flag?) between 1.6770-1.6840. - Forex economic calendar continues with US housing data on Wednesday. To keep up with developments central banks and their policy changes, be Read More →

Talking Points: - Rebound in US economic data lifts US yields, reduces demand for precious metals. - One potential catalyst – expectation of looser monetary policy – has failed to Read More →