Forex Free Trading Tips
Overnight the RBNZ has cut rates to 2.00% from a previous 2.25% in line with consensus expectations and inidicated more rate cuts could be needed. NZDUSD spiked to 0.7338 as traders had originally anticipated a more agressive cut. NZDUSD had Read More →
Key Points
Price has been captured in a parallel uptrend channel since bottoming in January 2016. More recently a series of higher lows/higher highs since the interim low in late May has re-established an interim uptrend.
Price has proven to be Read More →
The US dollar slipped against its major rivals early on Wednesday after downbeat data dampened some of the momentum it had gained from last week's robust US jobs report.
The greenback, however, held its ground against the pound, which Read More →
Key Points
