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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...

BoC ahead but focus on Powell

BoC ahead but focus on Powell - The USD majors mostly settled into consolidation as market participants went into bets-off mode ahead of the...

AUDNZD: Will forecasts be reached for RBNZ?

AUDNZD, H4 and Daily The currency mover du jour is the Australian Dollar, so far, which rallied strongly after the RBA refrained from cutting interest...

FX Action so far

The USD majors have largely remained steady, within yesterday's ranges. GBP has been unperturbed by the frantic pace of political developments in the UK,...

EURNZD – Do you remember this?

EURNZD Medium-Term Back in November, we identified a very interesting pattern in EURNZD, the famous Elliott Wave pattern. In November, the pair was in a...

RBNZ & RBA

RBNZ held the official cash rate at 1.75%, matching widespread expectations. RBNZ reiterated its pledge to keep the rate at the current level through 2019 and...

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