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AUDJPY – Aussie Dollar Could Trade To 86.00 Vs Japanese Yen

Key Points

  • The Aussie dollar after trading as low as 85.30 found support and recovered against the Japanese yen.
  • The AUDJPY moved higher and broke a contracting triangle pattern at 85.70 on the hourly chart.
  • Today in Japan, the Eco Read More →

NZD: Trading RBNZ – Views From 10 Major Banks

Nomura: RBNZ On Hold; Risk On NZD Pullback.

The 9 February Reserve Bank of New Zealand (RBNZ) meeting poses a short-term event risk for NZD. New Zealand’s economic fundamentals, higher commodity prices and positive global sentiment have supported NZD Read More →

Euro trades heavy as political scandal engulfs French elections

The euro is under pressure on Wednesday, weighed by political woes in Europe ahead of elections that checked its recent ascent against the dollar.

Scandal continued to engulf the French Presidential race after centrist Emmanuel Macron was forced to Read More →

USDCHF – Dollar Looks Poised For New High Vs Swiss Franc

Key Points

  • The US Dollar recently completed a correction near 0.9955 against the Swiss Franc, and moved back higher.
  • The USDCHF pair is likely heading higher, and could break the last swing high of 1.0006.
  • Today in the US, the Read More →