By Anton Eljwizat - The volatile of the AUD/NZD pair continues to be affected by the volatile forex market. The last two days have seen a lot of...
AUD/NZD Bearish Correction May be in the Making
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US Treasury Yields in a Tug of War
From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that...
EUR/USD extends sell off, but buy orders noted
EUR/USD has extended it’s early sell-off, presently at 1.3925 having just posted a 1.3917 session low. Risk sentiment doesn’t seem to be in very good shape; stocks oil down. Sources do however note some buy orders lined up at 1.3900 and then again quickly at 1.3885/90, which should at...
Canada’s Heart of Gold
Great job team Canada! I would like to extend my warmest congratulations and respect to all the great Canadian athletes who made us all proud. I’m a big hockey fan, so for me the highlight was the men’s hockey finals. What a game! My heart was pounding like a sledgehammer from start to...
BOE’s Fisher: Weaker sterling helping exporters
BOE’s Fisher says domestic output seems to have stabilised, with weaker sterling helping exporters. Cable giving up some of it’s hard fought ground, presently at...
USDCHF broke below 1.0715 support
USDCHF broke below 1.0715 support, suggesting that lengthier consolidation of uptrend from 1.0132 is underway. Range trading is expected in...