New Zealand Dollar Outlook: NZD/USD Soars on RBNZ Housing Remit
The New Zealand Dollar is skyrocketing during late Wednesday trade with NZD/USD price action up nearly 80-pips intraday in response to the RBNZ housing remit just announced.
NZD/USD Rate Forecast: Post-RBNZ Rally Brings 2018 High on Radar
NZD/USD appears to be on track to test the 2018 high (0.7437) as the RBNZ retains the current course for monetary policy at its first meeting for 2021.
Gold Price Outlook: Gold Recovery First Test at Trend Resistance
Gold rallied more than 3% off the February lows with the recovery now approaching downtrend resistance. Here are the levels that matter on the XAU/USD technical charts.
How to Trade After a News Release
Looking to trade post release? Read on for more on approaching volatile conditions after news events.
Rand Dollar Forecast: SA Budget Speech Sparks Optimism for USD/ZAR Bears
South Africa’s budget speech improves from October’s dismal outlook, pushing USD/ZAR to 13 month low
Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD
The Canadian Dollar is running strong today, setting a fresh two-year-high against the US Dollar as USD/CAD pushes towards 1.2500.
Crude Oil Prices Explode Higher – Are Gains Sustainable?
Buffeted by a cold spell sweeping across the midwestern US, energy markets have surged in February.
Nasdaq 100 Suffers Breakdown as Dow Jones Treads Water – Stock Market Forecast
The recent rotation from growth to value stocks may be set to continue after the Nasdaq 100 suffered a significant technical breakdown while the Dow trades near record levels.
Nasdaq Whacked by US Rates Rally, GBP Overnight Spike Faded – US Market Open
Once again the bond market is making the loudest noise with the US 10yr breaking to 1.43%
AUD/USD Rate Rally Pushes RSI Into Overbought Territory
Recent developments in the Relative Strength Index (RSI) indicate a further appreciation AUD/USD as the oscillator pushes into overbought territory.