Forex

We are expecting some volatility in the NZD tonight thanks to the release of the first major economic data for the week. Unlike other countries, New Zealand only reports its retail sales data once every quarter. Therefore, the data tends… Read More

The Australian dollar gapped higher at the open last night in response to news that the Liberal – National collation held onto power in the country’s elections over the weekend. The center-right government, led by Scott Morrison, had… Read More

The week ahead will see a mix of both politics and economics across the spectrum. The EU’s parliamentary elections are due later this week on Thursday and Friday. This follows the recent outcome of the Australian elections which were held… Read More

King Dollar USD has been trading firmly over the last European session of the week so far, extending gains from yesterday in reaction to better than expected US data as both building permits and continuing claims saw positive surprises.… Read More

Tomorrow, Australians are heading to the polls for the federal elections. The elections will determine their legislature and new Prime Minister. Elections usually generate some market volatility as investors digest the change in… Read More

USD Recovers Following Data Slump The US dollar has been higher again over the European morning. It recovered some of the losses suffered yesterday following weak data. US Retail Sales printed -0.2% in April vs an expected 0.2% reading.… Read More

The importance of an inversion in the bond yield curve is in its reputation. Of the last nine recessions, it correctly predicted nine of them (or ten, if you count the economic slowdown in the mid-'60s). There isn't any other economic… Read More

Dollar Down on The Week The US dollar sold again over the European morning on Friday. This brings the week to a negative close on the index, which trades 97.10 last. Despite a lack of key data this week, USD has come under pressure… Read More

The risk sentiment in the market was improving on Thursday, but investor concerns remain. With the passing of the deadline, the US administration did not make any official announcement on raising the tariffs on Chinese goods. Meanwhile,… Read More