Forex
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NZD: A Sell On Rallies Ahead Of A ‘Perfect Storm’ – ING
ING FX Strategy Research argues that NZD/USD is a sell on rallies ahead of ‘perfect storm’ of rising yields & political risks.
"With speculative markets still significantly net long NZD and signs of any political risk premium yet to Read More →
USD nurses its Thursday losses looks ahead to NFP for more direction
Major US equities closed the month of August on a positive note yesterday. The mood in Asia remained mostly positive as well although gains at the time of writing were less decisive. The major drivers behind sentiment were; comments by Read More →
AUDUSD – Can Aussie Dollar Retest 0.7990 Vs US Dollar?
Key Points
- The Aussie Dollar made a nice upside move and traded above 0.7900 against the US Dollar.
- Before the mentioned recovery, the AUDUSD pair broke a bullish trend line with support at 0.7950 on the hourly chart.
- Today in Read More →
GBPJPY – British Pound Remains In Uptrend Vs Japanese Yen
Key Points
- The British Pound made a downside move from the 142.90 high against the Japanese Yen, but remains supported.
- There is a crucial bullish trend line forming with support at 142.00 on the hourly chart of the GBPJPY pair. Read More →
