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Asia Pacific Market Open Talking Points S&P 500 sinks with health-care sector, triggering risk aversion NZD/USD support held despite pronounced losses, may reverse Australian Dollar may rise on a better-than-expected jobs report Trade all the major global economic data live as it populates in the economic calendar and follow the live coverage for key events
In spite of recovery based on China data, sellers keep highlighting rate-cut fears due to CPI miss. US data and trade-positive news reports will be awaited for fresh impulse. NZD/USD trades little changed near 0.6720 at the start of Asian trading on Thursday. The Kiwi pair registered heavy losses yesterday despite rest of the commodity-linked
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Talking Points – The commodity currencies are showing increasing strength in recent days, in line with global equity markets continuing their surge higher. – Battle lines are being drawn up in the EU-US trade dispute as US President Trump insists that agricultural issues are included – while the EU’s negotiating directives have explicitly said otherwise.
Disappointing NZ Q1 inflation data sent the kiwi lower in Asian trading ForexLive But improved Chinese economic data for the month of March is helping to cushion the blow at the very least. NZD/USD fell to 0.6668 after the CPI figures were released but has now rebounded to 0.6735 as traders also retrace some of
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How to Trade 100% profitable trading moving average crossover forex trading strategy ///////////////////////////////////// What is a ‘Moving Average – MA’ A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations. It is a trend-following, or lagging, indicator because
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Some news doing the rounds referring to satellite imagery taken last week of North Korea’s main nuclear site. Which is the Yongbyon nuclear site The Center for Strategic and International Studies in Washington DC says images show activity near the site’s Uranium Enrichment Facility and Radiochemistry Laboratory, and that: “n the past, these specialized railcars appear to