NZDUSD

Daily Forex Market Preview, 23/02/2018 Data from the UK showed that the second revised estimate was lowered to 0.4% down from the first estimate of 0.5% for the quarter. This brought the annual GDP in the UK to 1.4% on the year missing estimates of 1.5%. The business investment for the quarter was also revised to show a flat print, compared t...

Daily Forex Market Preview, 22/02/2018 The FOMC meeting minutes released yesterday sent the U.S. dollar to close higher on the day as investors brace for a March rate hike. Although the Fed minutes did not reveal anything new, the upbeat tone of the minutes saw the markets pricing three rate hikes this year, with the first rate hike expected ...

Daily Forex Market Preview, 21/02/2018 The U.S. dollar continued to rise higher on Tuesday as the U.S. markets opened after a long weekend. Economic data was sparse for the most part. The USD managed to remain strong as investors focused on the upcoming FOMC meeting minutes. In the Eurozone, the ZEW economic sentiment survey showed that Ge...

Daily Forex Market Preview, 20/02/2018 The U.S. dollar managed to hold on to the gains made from Friday as the U.S. markets were closed on Monday. Trading was broadly limited ahead of Wednesday's FOMC meeting. With the USD posting some gains, most other major currencies were seen easing back, albeit only slightly. The Bank of England Gover...

Daily Forex Market Preview, 19/02/2018 The U.S. dollar posted a rebound on Friday after briefly slipping sending most of the other major currencies to post fresh highs. However, the declines were short lived as the dollar managed to reverse the levels. The FOMC meeting minutes will be released on Wednesday and the markets are anticipating tha...

Daily Forex Market Preview, 16/02/2018 The USD was seen trading weaker across the board on Thursday. The biggest gains came from the Japanese yen which surged 0.82% on the day. Economic data from the U.S. was mixed. Producer price index data from the U.S. showed a 0.4% increase matching estimates and rising to an annual pace of 2.7%. Indus...

Daily Forex Market Preview, 15/02/2018 Consumer prices in the United States were seen rising stronger than expected in the month of January. Despite the upbeat figures, the U.S. dollar turned weaker on the day. Headline CPI rose 0.5% on the month beating estimates and rising to an annual pace of 2.1% while core CPI increased 0.3% on the month...

Daily Forex Market Preview, 14/02/2018 The U.S. dollar was seen falling against its peers on Tuesday amid a lack of any clear market catalysts. In the UK, data showed that consumer prices edged higher once again in January. Headline CPI was seen rising 3.0% on an annual basis while core CPI was also seen higher at 2.7%. In Japan, the quart...

Daily Forex Market Preview, 13/02/2018 The U.S. dollar was seen trading rather flat on Monday. Lack of economic data and a modest recovery in the equity markets saw most of the currencies trading in a range. Earlier today, BJ Governor Kuroda said that the central bank must maintain its QE program as it takes time for inflation to reach the Bo...