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Tag - nzd - new zealand dollar
Read a short market wrap before trading today!
Australia will release the employment change and unemployment rate on August 19, at 04:30 MetaTrader time (GMT+3).
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
Surging coronavirus cases and a stalemate in Washington over the next fiscal aid bill darkened the economic outlook in the run up to Nov. 3 presidential elections.
The USD is rising for the third day in a row, stocks jumped as well after Alphabet( Google) and Amazon published better-than-expected revenues.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
The dovish Fed and the weak US inflation data pressed the dollar down. Meanwhile, the earnings season goes on. Today PepsiCo and Disney will publish their earnings reports.
The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
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The US Dollar consolidated gains on Friday but was set for its biggest weekly rise in two and a half months.