Earlier in the day, the RBNZ took a more hawkish stance, signaling the end of QE and laying the groundwork for rate hikes at the RBNZ's policy meeting next month. The kiwi soared as a result, with the NZD/USD pair…
Continue ReadingFollowing the bounce off the 0.8530 support region, the EURGBP is constructing an upside rally. However, since April 26, the market has been developing within a declining channel. A boost could break this pattern to the upside in the coming…
Continue ReadingAlthough talking about everything that is green is currently attracting attention, always attracting funds, and teasing the feelings of the public a lot, especially with regard to their future, which should be the color of pure green trees. However, the…
Continue ReadingThe USD is stronger to start the trading week. The GBP is the strongest currency in North American trading, while the NZD is the weakest. With the exception of the GBP, the USD is stronger against all major currencies. The…
Continue ReadingMajor currencies have remained largely unchanged, while equities have been volatile. There was a tiny bullish bias for European shares at the beginning, but that has all turned around now, with the DAX down 0.2%. US futures have likewise lost…
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