The NZDUSD continues to trade in a choppy range, and the recent move above the old ceiling between 0.60183 and 0.60284 is showing signs of …
Category: Technical Analysis
The US yields are moving lower with a 10-year yield now down just under 6 basis points after the successful auction at 1 PM ET. …
The USDJPY rallied ahead of the US CPI release but stalled after reaching the 50% retracement of the decline from the May high. Once the …
The NZDUSD moved higher following the weaker-than-expected US CPI report, which triggered broad USD weakness and lifted the pair toward the highs for the week. …
The EURUSD is trading higher after a softer-than-expected US CPI report triggered a broad USD selloff. The weaker inflation data reinforced market expectations for rate …
US headline CPI rose 2.4% y/y in line with some forecasts but below the 2.5% consensus and down from 2.9% prior. Monthly CPI was up …
The US CPI data will be released at 8:30 AM ET with the expectation of 0.2% for the MoM headline and 0.3% for the core. …
Fundamental Overview The USD remains mostly rangebound even though the better than expected NFP report triggered a slightly more hawkish repricing in interest rates expectations …
The GBPUSD made a bold push to fresh highs not seen since 2022, but momentum stalled just shy of the critical 50% retracement level from …
The NZDUSD remains firm helped by hopes for a US/China deal that would help to benefit both countries (presumingly) and give the NZ economy a …