GBP/USD – Demand In USD May Drive A Reversal
U.S. Treasury yields surged to one-year high Political tension between the U.S. and Iran GBP/USD failed to breach 1.41 handle…
RBNZ – Monetary Policy To Remain Loose
LSAP programme and FLP working as intended NZ banking system ready for negative interest rate OCR expected to stay low…
NZD/CAD – Rise In Metal Prices Benefited Commodity Currencies
NZD benefitted from rise in metal prices Consumer spending slumped in Canada amid COVID-19 resurgence NZD/CAD testing to breach above…
USD/CAD – Optimism In Vaccination Programme Gave Boost To USD
USD/CAD started this week trading lower, resuming its downtrend from last week after Federal Reserve Chairman Jerome Powell sent a…
NZD/USD – Potential Buying Opportunities
Positive economic data indicate faster economic recovery in New Zealand Buying opportunities if NZD/USD breaches key level This month, NZD/USD…
GBP/USD – Upwards Momentum To Continue
GBP/USD trading at 2.5-year high Upcoming U.S. inflation data release With the Bank of England announcing that negative interest rate…
EUR/NZD – Downside Expected To Continue
New Zealand inflation expectation recovered to pre-COVID level Germany may extend lockdown measure Earlier today, the Reserve Bank of New…
GBP/CHF – The Rally Continues
Adoption of negative interest rate unlikely for now Potential continuation of uptrend The Bank of England (BoE) clarified during their…
BoE – Negative Bank Rate Speculation Resolved
Monetary policy remains unchanged Negative interest rate off the table for now Pre-COVID economic level expected by Q1 2022 The…
CHF/JPY – Ranging Across With Potential Downside
Potential downside of CHF/JPY Triple Top pattern in CHF/JPY (D1) Last month, a Double Top pattern was spotted in the…