New Zealand Dollar Time Cycle: Implications for NZD/USD and NZD/JPY Rates

The New Zealand Dollar may extend its surge from yearly lows as it tentatively signals a cyclical upturn. NZD/USD, NZD/JPY rates poised for further gains.

from DailyFX - Market News https://ift.tt/2XBLIKw
via IFTTT

Indian Rupee, USD/INR Look Past RBI Rate Hold. Nifty 50 Uptrend Holds

The Indian Rupee struggled to benefit from an unexpected RBI rate hold as the Nifty 50 inched closer to invalidating a bearish reversal signal. What is the road ahead for USD/INR?

from DailyFX - Market News https://ift.tt/3gCzhFM
via IFTTT

EUR/USD Rally Continues to Be Accompanied by Extreme RSI Reading

The extreme reading in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in EUR/USD like the behavior seen in June.

from DailyFX - Market News https://ift.tt/3gFzqZa
via IFTTT

Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

from DailyFX - Market News https://ift.tt/3hUwUiT
via IFTTT

Nasdaq 100 Extends Rally, AUD/USD at Key Level Ahead of RBA Statement

Technology stocks rallied with risk-oriented assets after US jobs data printed better-than-expected figures. AUD/USD is trading at a key cross-section ahead of the RBA Statement on Monetary Policy.

from DailyFX - Market News https://ift.tt/31mIxaK
via IFTTT

Canadian Dollar Forecast: USD/CAD Mired by Trump Tariffs on Metals

The Canadian Dollar could start to crumble on the back of fresh aluminum tariffs just announced by President Trump, which may jeopardize the USMCA deal, and brings USD/CAD price action into the cro...

from DailyFX - Market News https://ift.tt/3ikJoPV
via IFTTT

USD Price Outlook: US Dollar in Focus with Jobs Report Due

USD price action whipsawed over the last five trading sessions; can nonfarm payrolls data on deck spark a move in the US Dollar with enough impetus to breach critical technical barriers?

from DailyFX - Market News https://ift.tt/2Xv0kvl
via IFTTT

EUR/JPY Latest: Euro bulls persistent on topside resistance

The Euro run has been immense to say the least but how long can this upward impetus be sustained?

from DailyFX - Market News https://ift.tt/3ijklgr
via IFTTT

USD/TRY, EUR/TRY Jump to Record Highs on Lira Weakness

The Turkish Lira weakened considerably on Thursday, sending USD/TRY and EUR/TRY to record highs following money market disruptions in an already fragile economy

from DailyFX - Market News https://ift.tt/2XA8lzg
via IFTTT

AUD/USD Analysis: Aussie Dollar Nearing 2020 High Ahead of NFP Data

The Australian Dollar has continued its strong upward trend since the March low with the 2020 high in view ahead of the US NFP data on Friday

from DailyFX - Market News https://ift.tt/2XCoFiV
via IFTTT

Silver Surfing Higher, USD/TRY Spikes to Record High, GBP Jumps on BoE - US Market Open

GBP rises as BoE walk back on negative rates, USD/TRY spikes to record peak, silver surfing higher

from DailyFX - Market News https://ift.tt/39ZUqr7
via IFTTT

EUR/USD Price Waits for US NFPs, EUR/GBP Slides on Sterling Strength

After printing a fresh two-year high earlier in the session, EUR/USD has edged lower and is now waiting for Friday’s US NFP report to signal the next move.

from DailyFX - Market News https://ift.tt/3a2GnB5
via IFTTT

Gold Price Surge May Be Losing Steam, US Fiscal Stimulus Eyed

Gold prices may backtrack after hitting a record high as technical positioning hints bullish momentum is ebbing. US fiscal stimulus negotiations are in the spotlight.

from DailyFX - Market News https://ift.tt/2Pt70pd
via IFTTT

New Zealand Dollar (NZD) vs Canadian Dollar (CAD): Levels to Watch

NZD weakening against major counterparts ahead of pivotal RBNZ meeting. NZD/CAD in focus.

from DailyFX - Market News https://ift.tt/2DDywhi
via IFTTT

Bank of England Leaves Policy Measures Unchanged, GBP/USD Picks Up a Bid

The Bank of England left all policy levers untouched, leaving Sterling free to push higher against a weak US dollar.

from DailyFX - Market News https://ift.tt/3fCxnUd
via IFTTT

EUR/USD, EUR/CHF Rates at Risk as Rising Covid-19 Cases Sour Sentiment

EUR/USD, EUR/CHF rates at risk of near-term pullback as Covid-19 ‘second wave’ fears weigh on regional investor sentiment.

from DailyFX - Market News https://ift.tt/31nG93A
via IFTTT

Dow Jones Leads Mixed Nikkei 225 and ASX 200, DBS Boosts Straits Times

Japan’s Nikkei 225 and Australia’s ASX 200 stock indices erased earlier gains after a strong US session. Singapore’s largest bank announced strong earnings.

from DailyFX - Market News https://ift.tt/3ipuKHx
via IFTTT

USD/CAD Breaks Down From June Range While RSI Approaches Oversold Zone

An oversold reading in Relative Strength Index (RSI) is likely to be accompanied by a further depreciation in USD/CAD like the behavior seen in June.

from DailyFX - Market News https://ift.tt/3kk3xHE
via IFTTT

New Zealand Dollar Time Cycle: Implications for NZD/USD and NZD/JPY Rates

The New Zealand Dollar may extend its surge from yearly lows as it tentatively signals a cyclical upturn. NZD/USD, NZD/JPY rates poised for further gains.

from DailyFX - Market News https://ift.tt/30u41Dp
via IFTTT

AUD/USD Trades to Fresh Yearly High Ahead of RBA Policy Statement

The updated Statement on Monetary Policy may keep AUD/USD afloat as the RBA continues to rule out a negative interest rate policy (NIRP) for Australia.

from DailyFX - Market News https://ift.tt/30uvZic
via IFTTT