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Market Overview | 07 August

Technical Corner Currency market   NZDUSD: The New Zealand Dollar over 2% in hitting its lowest level against the US Dollar since January 2016, at 0.6377, and...

AUDUSD re-takes 0.70000

AUDUSD, H4 The USD traded softer heading into the London interbank open, retracing from the gains seen yesterday following a near 10 bp spike in...

AUDCAD: 9-year low ready to host the pair?

The Dollar has held net steady versus the Euro and Yen, paring intraday losses in the case against the latter, while AUDCAD dropped quite...

A risk-off theme dominates the market

AUDJPY is the biggest mover out of the main currency crosses and also associated cross rates, presently showing a 0.5% decline on the day...

OIL, CAD and AUD in focus in long & short term

The Dollar was little changed after the about in-line existing home sales outcome, however the focus remains on OIL and the interesting descending triangle...

Aussie leads but negative factors are still in play

Forex markets have remained directionally unambitious. AUDUSD has been the main exception, with the pairing lifting by about 40 pips to within a whisker...

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