Forex Signals Brief April 17: Inflation Continues to Fall Globally
New Zealand and UK CPI YoY have already been released and they posted another slowdown today Full Article
NZD/USD Resumes Decline With BusinessNZ Manufacturing Index in Contraction
The rate of NZD to USD has lost 4 cents since the start of 2024 and the economic data is not helping much. Full Article
Where Is NZD/USD Headed After the RBNZ?
NZD/USD has been declining in 2024, but it reversed higher above 0.60, closing yesterday at 0.6070 ahead of the RBNZ meeting. Full Article
First Test for NZD/USD Buyers After Business Confidence Declines
NZD/USD experienced a decline of 4 cents in 2024, causing the NZD to USD rate to dip below 0.60, but it resurfaced again above this level. Full Article
Forex Signals Brief April 3: Awaiting EU CPI Inflation and Powell’s Speech
Today traders are concentrated on the Eurozone CPI inflation and FED's Powell's speech in the evening. Full Article
Shorting NZD/USD After the Softer JOLTS Jobs Openings
The rate of NZD to USD has slipped below 0.60, and we have turned totally bearish on this pair. Full Article
Will Commodity Dollars Benefit from Improving Chinese Economy?
We had some positive data from China over the weekend, with the manufacturing and services PMI showing decent improvement Full Article
Forex Signals Brief April 1: China Starting the Week on the Right Foot
This week we have the US employment figures and the Eurozone CPI inflation which will highlight the week Full Article
Shorting AUD/USD and NZD to USD on Solid US Labor Market
The rate of NZD to USD and AUD/USD made a bearish break tonight, breaking important support levels today Full Article
The 200 SMA Keeping NZD/USD Supported Below 0.61
The NZD to USD ratio has been trying to break below the 200 daily SMA, but without much success, so NZD/USD continues to consolidate at 0.61 Full Article
Forex Signals Brief March 4: US Employment and ECB Meeting Highlighting the Week
Last week the US PCE inflation was the highlight of the week, this week we have the ECB meeting and many US employment reports Full Article
NZD/USD Remains Subdued as Data Supports RBNZ Rate Decision
The NZD to USD ratio remained below 0.61 yesterday, with NZD/USD trading in a 30 pip range, but the pressure remains to the downside... Full Article
No More Hikes by RBNZ, NZD to USD Rate 1 Cent Lower
The Asian session was loaded, with the Reserve Bank of New Zealand (RBNZ) keeping the cash rate at 5.5%, sending NZD to USD rate lower Full Article
Forex Signals Brief Feb 21: FED Minutes Unlikely to Give Much Today
Today the FOMC minutes form the last meeting are not expected to change much for the USD Full Article