At -0.87 (vs -0.97 on 22 December 2016) our Risk Index has moved into less risk seeking territory. The latest development was well reflected in widening credit spreads and rising demand for defensive stock market sectors such as utilities. Cross Read More →

The dollar eased back from a 14-year peak against a basket of its major rivals on Thursday as forex investors grew concerned by sharp falls in the dollar against the Chinese yuan.

The yuan jumped sharply for two days Read More →

Key Points

• The New Zealand dollar recently traded higher towards the 0.7030 level against the US Dollar.
• The NZDUSD pair found sellers above 0.7000, and started moving down towards the 0.6970 support.
• Earlier during the Asian session today, the Caixin Read More →

BofA Merrill:

Barclays:

SEB:

*Times reported are local NY time.

Key Points

• The Aussie dollar after trading as high as 0.7246 against the US Dollar found sellers, and moved down.
• There was a bullish trend line formed on Read More →