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Dollar sits tight as traders await Fed

US President Trump delivered his most hawkish statement to date with regards to North Korea, threatening to annihilate Pyongyang at the United Nations General Assembly. North Korea has 26 million people. The threat comes after North Korea’s carried a series Read More →

AUDUSD – Aussie Dollar Poised To Break Higher Vs US Dollar

Key Points

  • The Aussie Dollar made a nice upside move and traded above 0.8005 against the US Dollar.
  • There is a key bearish trend line forming with resistance near 0.8025 on the hourly chart of AUDUSD.
  • Recently in Australia, the Read More →

USD/JPY: Caution Here; Bounce Only A Temporary Relief – BTMU

BTMU FX Strategy Research notes that the JPY has weakened notably versus the USD in recent days mainly on rising US yields but perhaps also in part on the prospect of a PM Abe victory in a sooner than expected Read More →

USD stands tall ahead of Fed; GBP outperforms its peers this morning

The US Dollar holds steady, despite a minor setback this morning remains very much within site of the 20-day moving average of 92.28 on the US Dollar index, and is currently at 91.87. Against the JPY we see the USD Read More →

NZDUSD – New Zealand Back Bullish Vs US Dollar?

Key Points

  • The New Zealand Dollar after a drop towards 0.7245 found support against the US Dollar.
  • There is a major bullish trend line with current support at 0.7260 forming on the hourly chart of NZDUSD.
  • Recently in New Zealand, Read More →