Tuesday, 4 February 2020

New Zealand Dollar, NZD/USD Outlook May Shift Bullish as Yen Sinks

The New Zealand Dollar outlook may shift bullish as NZD/USD spawns a reversal formation. The Yen sank as the S&P 500 rose on cooling Wuhan virus fears and the Fed injecting liquidity.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...