NZDUSD Clears Support as New Zealand Dollar Drops on RBNZ Rate Cut

NZD/USD cleared support, extending its downtrend after the New Zealand Dollar dropped as the Reserve Bank of New Zealand (RBNZ) cut rates to 1.50% from 1.75% as expected.


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NZD/USD Chart Analysis: Key Support Pressured as RBNZ Looms Ahead

The New Zealand Dollar is testing critical support against its US counterpart as markets brace for a much-anticipated RBNZ monetary policy announcement.


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NZDUSD Rate to Eye November-Low on RBNZ Rate-Cut, Dovish Guidance

The Reserve Bank of New Zealand (RBNZ) interest rate decision may trigger a selloff in NZD/USD as the central bank is expected to deliver a 25bp rate-cut.


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USD/JPY Downtrend Accelerates, VIX Breakout Warns High Volatility

The USD/JPY downtrend accelerated as the S&P 500 and Dow Jones suffered their worst days since March. The breakout in the VIX ‘fear gauge’ warns of volatility to come ahead of the RBNZ.


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USD/BRL Forecast: Brazil Markets Eye Selic Rate, Pension Reforms

The Brazilian Real and Ibovespa will be watching tomorrow’s central bank rate decision as well as eyeing developments around market-disrupting pension reforms.


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Dow Jones Price Outlook: DIS Stock Could Fill Gap on Poor Earnings

If they impress, Disney’s earnings could inject some optimism into battered US equities. On the other hand, a large gap in the stock could exacerbate losses for the Index.


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Gold Prices Await Breakout as Volatility Rebounds from All-time Low

Measures of gold volatility have recently rebounded off of their all-time low, hinting that a break of the recent price range may be in the cards.


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FX Price Action Setups in EUR/USD, GBP/USD, AUD/JPY and GBP/JPY

Themes of risk aversion continue to show after last week’s FOMC rate decision, and Yen-strength remains one of the more interesting themes in FX-land.


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New Zealand Dollar Price Action in Focus Ahead of RBNZ Meeting

Forex traders eye AUDNZD post-RBA and NZDJPY amid the latest flareup in anti-risk sentiment with the Reserve Bank of New Zealand is expected to announce its monetary policy update tomorrow.


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Top 5 Events: May RBNZ Meeting Preview & NZDUSD Price Forecast

The Reserve Bank of New Zealand meets on Wednesday, May 8 at 02:00 GMT; rates markets are pricing in a 51% chance of a 25-bps rate cut.


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USD/CHF Price Outlook: Trading Levels to Watch

Since April 23rd USD/CHF has been testing almost everyday the 1.0215 level and failing to close above


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Latest Bitcoin Rally in Concert with Fresh Weakness in Turkish Lira

Emerging market currencies are back under pressure as credit risk has soared. Like for much of 2019, EM FX woes are welcomed news for cryptocurrencies.


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Currency Volatility: New Zealand Volatility Skyrockets as Investors Eye RBNZ

Ahead of the knife-edge RBNZ rate decision, NZDUSD overnight implied volatility has jumped to the highest level since September 2016.


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USDCAD Bullish Breakout in Focus as Crude Oil Price Decline Deepens

With oil prices turning lower once more, the Canadian Dollar is back under pressure. USDCAD’s recent symmetrical triangle could yield a topside breakout.


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EURUSD Fails to Break Higher After EU Economic Forecast Downgrades

The EURUSD remains below the 1.12 handle after the release of the EU’s economic forecasts provides little sense of direction, as traders remain wary about weakening growth and Italy’s budget deficit crisis. EU growth forecasts have been downgraded to 1.4% in 2019 and 1.6% in 2020.


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Dollar Looking Higher: EURUSD, NZDUSD, USDCHF Charts

The Dollar is trying to reassert itself against several major currencies, as long as recent swing levels hold then so should a USD bullish bias.


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USD Supported on Global Risk Aversion, EUR & GBP Drop - US Market Open

USD firmer on trade war tensions, AUDUSD outperforms on RBA inspired short squeeze, while GBP pares Friday’s rally. Eyes on cross-party talk outcome.


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Euro Price Outlook: EUR/USD Holds Resistance, EUR/JPY Falls From Gap

The Euro is heading lower today, but is this the backdrop for bears to take-control?


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GBPUSD Price Outlook Poor on Brexit Talks Pessimism

No Brexit breakthrough in the talks between the UK Government and the Opposition is likely this week, and that could put downward pressure on GBPUSD and the GBP crosses.


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US-China Trade Talks: Concern Damages Market Sentiment | Webinar

Comments by US President Donald Trump at the weekend that he would raise tariffs on Chinese goods by the end of the week have increased worries about the US-China trade talks.


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