Another small piece of the jigsaw puzzle shows that many parts of the world are stabilising economically and perhaps returning to ‘normal’. The NZD/USD is steady against the greenback at .6440.
NZ April retail sales +0.5% vs +0.2% expectation
Source: www.forexlive.com
- Tags:
- Forex
- expectation
Read more...
Why it May Be Too Late for Retailing Slow-Coaches to Get Online
By MoneyMorning.com.au In 1998, upmarket US department store chain, Nordstrom [NYSE: JWN], launched its online shop. It was one of the first...
The Aussie (AUD/USD) Setup In The 1-Hour Chart
Hello traders! My forex pick for the day is the Australian dollar versus the US dollar currency pair (AUD/USD). What I wanted to show is the...
Forex news: the euro advances against majors
The euro increased against the dollar and the Swiss franc as the European stocks jumped today ahead of a key U.S. employment report. Meanwhile, the euro recovered its Asian session's loss against the pound and the yen. The euro strengthened against the dollar in early deals on Friday. Currently,...
Euro zone sentix index stronger than expected
Euro zone sentix index has come in at -27.0 in June from -34.3 in May, and better than the median forecast of -31.0. EUR/USD hasn’t garnered any real support from the data, languishing around 1.3865 at writing. Earlier a breach of the 21 dma at 1.3878 helped acclerate losses to a 1.3855...
EUR/JPY technicals: scope to fall to 130.60
Price has now fallen below the short term moving averages and many model players will now await a negative cross. The breakdown level was 135.80 and that should now prove to be a good short-term resistance level. Next support can be found at a series of former highs around 133.30. The targetĀ for...