Forex: NZD/USD likely to pass 0.6485 today
During yesterday’s trading session, the New Zealand Dollar depreciated about 25 base points against the US Dollar. The currency pair tested the weekly S1 at 0.6485 during the Asian session […]
During yesterday’s trading session, the New Zealand Dollar depreciated about 25 base points against the US Dollar. The currency pair tested the weekly S1 at 0.6485 during the Asian session […]
Will a possibly imminent US-China trade agreement exacerbate global business cycles or even plant the seeds of the next Asian financial crisis? If the eventual agreement – assuming there is […]
On Wednesday, the XAU/USD exchange rate tumbled to the Fibonacci 38.20% retracement at 1,273.68. During Thursday’s morning, the rate declined to the 1,272.00 level. Given, that the rate is […]
The Euro is becoming stronger, CHF is becoming weaker: April could be for Swiss franc investors to the purchase of tourists in the Euro area at the worst month of […]
On Wednesday, the GBP/USD exchange rate tested the support level—the weekly S1 at 1.3027. During today’s morning, the rate surpassed the given support. Given that the currency pair is pressured […]
Turkey’s central bank has caused consternation amongst analysts and investors after admitting that much of its publicized currency reserve figures are held in short-term swap contracts. Turkey published foreign currency […]
During Wednesday’s trading session, the yellow was resisted by the 200-hour simple moving average to pass through the previously drawn pattern line to end the day at 1,305.00. On Thursday […]
Financial markets in Turkey have experienced a fresh period of turmoil, putting the country’s recovery from recession at risk and raising questions over the health of emerging markets as the […]