Risk more Cautious and USD Slightly Softer
US stocks are set to open slightly lower, retracing some - but by no means all - of Monday’s surge that took both the Dow Jones and S&P 500 to new record highs.
Tag - nzd - new zealand dollar
US Dollar Strengthens
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.
GBP/USD Trades to Highest Level since September 18
GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to the resistance area of 1.3045.
Dollar keeps firmer
Jump in for the fresh analysis of EUR/USD, AUD/JPY, NZD/JPY and silver!
Main market news on September 23
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.
NZD surged to highs of 2019
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
Risk Appetite Returns
Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.
U.S. Jobless Rate declined to 8.4% in August
The US Dollar consolidated gains on Friday but was set for its biggest weekly rise in two and a half months.
Fed vice chair Clarida will deliver a speech on US monetary policy
Fed's chair will make the monetary policy statement. Investors will mainly focus on the Fed’s new average inflation targeting regime and economic guidelines.
NZD keeps rallying for the fourth day
NZD/USD has broken the marked downtrend that has been lasting for a month. Recently, it reached levels unseen since December 2019. What are the reasons?
USD index ticks higher as US markets are little changed
Initial US jobless claims totaled just over 1 million for the week ending Aug. 22 down from 1.104 million in the previous week.
The positive sentiment in the US equity market continues
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
