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NZD/USD Volatile After RBNZ Lifts OCR Rate by 25 Basis Points. Focus Shifts to US PCE

Posted by By 24/11/2021Posted inForex
The New Zealand Dollar gyrated versus the US Dollar after the RBNZ raised its official cash rate (OCR) by 25 basis points, meeting analysts' expectations.
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AUD/USD Weakness Moderates Above Key Levels as Wall Street Rotation Continues

Posted by By 24/11/2021Posted inForex
The Australian Dollar was largely unchanged versus the Greenback overnight as Wall Street rotated out of tech stocks. The RBNZ rate decision and commentary from RBA Assistant Governor Bullock are…
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Swiss Franc Technical Analysis: EUR/CHF, GBP/CHF, AUD/CHF

Posted by By 23/11/2021Posted inForex
Multiple Swiss Franc crosses are at key technical junctions. These are the setups for EUR/CHF, GBP/CHF, AUD/CHF.
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Mexican Peso Weakens Amid Turkish Lira Meltdown & Rising U.S. Yields, USD/MXN Soars

Posted by By 23/11/2021Posted inForex
The Mexican peso weakens against the U.S. dollar as the plunge in the Turkish lira weighs on sentiment, while rising U.S. yields aggravate the sell-off.
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Canadian Dollar Price Forecast: USD/CAD Breakout, CAD/JPY Support Test

Posted by By 23/11/2021Posted inForex
CAD/JPY is re-loaded and for CAD bulls, this may be one of the more attractive pairs out there. USD/CAD remains in a clear bullish trend, driven by USD strength.
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S&P 500, Nasdaq: Stocks Shaky, Rates Up After Yellen's 'Endemic' Comment

Posted by By 23/11/2021Posted inForex
Treasury Secretary Janet Yellen dropped an important comment yesterday on the topic of inflation, and rates have been running higher ever since.
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Gold Price Forecast: Major Bearish Technical Reversal – Levels for XAU/USD

Posted by By 23/11/2021Posted inForex
Gold prices have been obliterated this week as Fed rate hikes have surged around commentary from Fed Chair Powell and incoming Fed Vice Chair Brainard.
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Volatility Picking Up in FX Markets – MKT Call: Macro

Posted by By 23/11/2021Posted inForex
The surge in the US Dollar has come to the detriment of the Euro. Meanwhile, a currency crisis in Turkey is getting worse by the hour.
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USD/JPY Bullish Price Action Fuel by Hawkish Fed Rhetoric

Posted by By 23/11/2021Posted inForex
The bullish price action in USD/JPY may persist as Federal Reserve officials show a greater willingness to implement a rate hike sooner rather than later.
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US Dollar Rally Halted amid Mixed November US Markit PMIs

Posted by By 23/11/2021Posted inForex
A slew of US growth trackers for November came in mostly disappointing, giving pause to the recent greenback surge.
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