Friday, March 11, 2016

NZD/USD Outlook Mired by Slowing New Zealand GDP, Upbeat FOMC

NZD/USD Outlook Mired by Slowing New Zealand GDP, Upbeat FOMC


NZD/USD Outlook Mired by Slowing New Zealand GDP, Upbeat FOMC

Posted: 12 Mar 2016 03:56 PM PST

NZD/USD struggled to hold its ground after the Reserve Bank of New Zealand (RBNZ) unexpectedly reduced the official cash rate by 25bp to 2.25% at the March 10 meeting, and the New Zealand dollar stands at risk of facing further losses over the coming week should the key data prints coming out of the region fuel speculation for additional monetary support.

Inflation in Spotlight After CAD Extends Run for 8th Straight Week

Posted: 11 Mar 2016 07:02 PM PST

This week served as the 8th consecutive week of gains in the Canadian Dollar against its US counterpart.

British Pound Rally Unlikely to Last for this Key Reason

Posted: 11 Mar 2016 06:06 PM PST

The British Pound showed further signs of life as it rallied for a second-consecutive week against major FX counterparts.

Gold to Shine on Downbeat FOMC; Dot-Plot Remains Key

Posted: 11 Mar 2016 05:30 PM PST

Gold prices were traded lower this week with the precious metal off just 0.70% to trade at 1293 ahead of the New York close on Friday.

Fed Rate Decision Top Event Risk, But Sentiment Key Market Mover

Posted: 11 Mar 2016 05:24 PM PST

Conviction in fundamental themes has become mixed, but volatility remains high for the FX and broader financial markets.

Forex Strategy Video: Positioning, Technicals and Fundamentals Build for USD/JPY, Gold

Posted: 11 Mar 2016 05:18 PM PST

While much of the market's attention is on EUR/USD and equities nowadays, two of the most interesting benchmarks for the financial system may be USD/JPY and gold

Will Kuroda and BoJ Respond In Kind to Draghi’s Shock & Awe?

Posted: 11 Mar 2016 03:40 PM PST

The Japanese Yen finished last week lower against the majority of G10 FX as traders react to ECB & anticipate the BoJ & Fed this week.

Will Kuroda and BoJ Respond In Kind to Draghi’s Shock & Awe?

Posted: 11 Mar 2016 03:40 PM PST

The Japanese Yen finished last week lower against the majority of G10 FX as traders react to ECB & anticipate the BoJ & Fed this week.

US DOLLAR Technical Analysis: Dollar Drops to 50% Fibo of May-Jan. Range

Posted: 11 Mar 2016 01:30 PM PST

The US Dollar has entered into three separate support levels heading into FOMC. Now, attention is focused on risk-sentiment.

Forex Webinar with Jamie Saettele: 3/11/2016

Posted: 11 Mar 2016 12:33 PM PST

The USDOLLAR index is testing a critical level ahead of next week's FOMC meeting.

Gold Prices: Primed Ahead of Heavy Central Bank Week

Posted: 11 Mar 2016 12:00 PM PST

Gold set another new near-term high yesterday, and is currently in the process of pulling back. WIth a big week of Central Bank meetings ahead, traders can look to a continuation setup.

Long Term Cyclical Influence Nears for AUD/USD

Posted: 11 Mar 2016 11:02 AM PST

A cycle that relates 3 of the biggest technical events in the history of AUD/USD is due in a month. Specifically, the week of April 11th is a big point on the X-Axis for Aussie.

AUD/USD Stalls at 2015 Support- RBA, Labor Data to Spur Fresh Highs?

Posted: 11 Mar 2016 10:25 AM PST

The key event risks coming out of Australia may spark a further advance in AUD/USD should the developments dampen bets for an RBA rate-cut.

Will the BoJ and FOMC Follow the ECB’s Lead?

Posted: 11 Mar 2016 07:13 AM PST

Yesterday produced quite a bit of excitement along with some rampant volatility. This likely isn't over yet, as the Bank of Japan and FOMC are on deck for next week.

USD/CAD Bearish Inside Bar Breakout

Posted: 11 Mar 2016 07:05 AM PST

After initially trading higher on unemployment data, the USD/CAD is now breaking to new monthly lows.

EUR/GBP Short Side is Favored

Posted: 11 Mar 2016 06:09 AM PST

Risk Markets Rallying as ECB’s Measures are Digested

Posted: 11 Mar 2016 05:45 AM PST

Markets may have been upset with some of the language used by ECB President Mario Draghi in his press conference, but one thing is clear: the ECB delivered.

USD/CAD to Eye Fresh March Lows on Upbeat Canada Employment Report

Posted: 11 Mar 2016 05:00 AM PST

A marked pickup in Canada Employment may spur fresh monthly lows in USD/CAD as it dampens bets for a BoC rate-cut in 2016.

AUD/USD Daily Bar Breakout

Posted: 11 Mar 2016 04:40 AM PST

The AUD/USD is poised to breakout to new monthly highs over .7528.

Silver Gets A Bump Higher Following A Soft Dollar

Posted: 11 Mar 2016 04:21 AM PST

Silver prices remain in a bullish trend after carving out a low of $15.16.

S&P 500 - ECB Gyrations Net Zero, Posturing Remains Constructive

Posted: 11 Mar 2016 03:11 AM PST

FTSE 100: The Next Few Days Could Be Crucial

Posted: 11 Mar 2016 01:59 AM PST

Traders are not as committed to the bearish side as during yesterday’s ECB meeting and price is trapped in a narrow range; a break to this range could set the tone for next week.

EUR/USD Technical Analysis: Looking to Sell into Euro Surge

Posted: 11 Mar 2016 12:38 AM PST

The Euro raced sharply higher against the US Dollar following the ECB monetary policy announcement, putting in the largest daily advance in three months.

DAX 30 Claws Back Some Of Its ECB Induced Losses

Posted: 11 Mar 2016 12:09 AM PST

The DAX trades higher as traders are trying to come to terms with what the raft of ECB actions truly mean for the stock markets.

Gold Price Lifted by ECB Easing Package, Oil, Copper Price Rally

Posted: 10 Mar 2016 11:50 PM PST

ECB’s extensive easing with 3 rate cuts and ensuing volatility restored gold’s attractiveness. Oil and copper joined a risk rally

No comments:

Post a Comment