The dollar remains stable, while risk remains on the lower side. Despite more protective risk tones early on, the market remained reasonably calm throughout the session, as tech stocks were affected by additional negative sentiment from…
Continue ReadingHow NZD is acting today , a swing zone exists between 0.6915 and 0.69204. The NZDUSD has been trending lower for the whole of the London session, aiming for a swing zone between 0.6915 and 0.69204. Buyers appeared near the…
Continue Reading''Chinese stocks fall in early trade'' Ahead of the Chinese stock market's local opening, there were a series of encouraging media stories asking people not to be negative about…
Continue ReadingChina's sour tones weighed on sentiment earlier, but the bleeding has halted now that local markets are closed. As the focus now shifts to European trading and attention returns to the Fed tomorrow, this may be helping to see the…
Continue ReadingThe market took a break following the rapid and hefty changes seen yesterday, where risk trades were dumped, and it was a quiet session in terms of news. Things were calmer today, as European shares traversed some of yesterday's losses,…
Continue Reading
