News

The New Zealand dollar fell to a low of 0.5810 yesterday and then rebounded to close above 0.5847 (+0.32%). The rebound from oversold conditions (and lackluster downside momentum) suggests further…

The U.S. dollar index fell for a fourth straight session so far on Tuesday, adding to pressure as geopolitical concerns appeared to ease while U.S. yields also lost some momentum.…

The services PMI, the euro zone’s most reliable economic barometer, fell again by 0.9 points in October to 47.8. As a result, the index has been clearly in recession for…

The Bank of Japan (BoJ) announced on Tuesday that it will conduct an unscheduled bond operation on Wednesday to purchase 300 billion yen ($2.0 billion) of Japanese government bonds (JGB)…

AUD/USD is on track to rise on Tuesday, extending gains for the second day in a row. AUD/USD found upside support from a pullback in the US dollar (USD), which…

In early Asian trading on Tuesday, USD/JPY maintained modest gains after rebounding from a low of 149.55. USD/JPY is currently trading around 149.76, up 0.03% on the day. However, the…

The EUR/USD rose above the 1.0600 level in early Asian trading on Tuesday. EUR/USD rose to its highest level in a month, supported by a pullback in the U.S. dollar.…

The NZD/USD saw some buying around the 0.5850 level as the market’s risk appetite stabilized ahead of a busy week of US data releases. On the economic calendar, New Zealand…

AUD/JPY snapped a three-day losing streak on Monday, rising 0.31% while forming a bullish engulfing double candle pattern, suggesting further upside potential for AUD/JPY. AUD/JPY was trading around 94.82, almost…

EUR/CHF climbed 0.6% on Monday, with some market buying after a stronger-than-expected consumer confidence index to kick off the trading week, but investors will pay close attention to the EU…