Asia FX news roundup: NZD slightly lower, JPY slightly higher Regional equities rose again today, with China and Hong Kong following Wall Street's lead on Wednesday. Japan's markets were closed for the holiday, and they will be closed again tomorrow.…
Continue ReadingToday, all eyes will be on New Zealand for the release of Q2 inflation data. The headline CPI increased by 3.3 % year over year and 1.3 % in the first quarter alone. Expectations and market pricing for a Reserve…
Continue ReadingThe USD is the strongest of the majors going into a huge data day in the US, while the GBP is the weakest. At the bottom of the hour, the US will reveal retail sales, PPI, and empire manufacturing data.…
Continue ReadingA couple of relevant points to keep for the day are outlined. The ones for EUR/USD are bound to keep price action stable at current rates, with major ones expected to drop off later this week in the range of…
Continue ReadingInvestors welcomed the latest indication of a durable recovery in global economies, and rising oil prices buoyed energy equities, sending stock indexes near record highs on Wednesday. However, traders were less upbeat than on Tuesday as they awaited critical U.S.…
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