NZDUSD – Kiwi Dollar Higher Despite RBNZ Rate Cut
Key Points
- The New Zealand dollar moved higher against the US Dollar after the RBNZ rate cut. Read More →
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EURAUD – Euro Looks Set For More Declines
Key Points
- The Euro moved down against the Aussie dollar and may continue to decline in the Read More →
Tech Targets: EUR/USD, AUD/USD, USD/JPY – UOB
EUR/USD: Neutral: In a 1.1020/1.1250 range.
While shorter-term momentum has improved considerably, it is not enough to suggest that the current neutral outlook for EUR has shifted to bullish. However, the immediate pressure is clearly on the upside and Read More →
Kiwi at over 1-year highs as RBNZ fails to satisfy traders
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 →
AUDUSD -Aussie Dollar Trend Overwhelmingly Positive
Key Points
- The Aussie dollar moved higher against the US Dollar, and looks set for more gains Read More →