By FXStreet NZD/USD has rallied from the lows of this week’s downside, falling from 0.6725 and bottoming 0.6586. NZD/USD penetrated the 200 sma on the hourly chart and
By FXStreet Analysts at UOB Group explained that the PBoCcould take the opportunity of the approaching G20 finance ministers, to demonstrate the “flexibility” of its currency against the
By FXStreet Analysts at Scotiabank noted that the Fed Vice Chair Fischer provided no clues on the policyoutlook in comments last night. Key Quotes: “Fed Governor George (voter)
By FXStreet EUR/GBP is currently making further headway and has reached a high of 0.7924. Fundamentally, the cross has garnered support on pure sterling weakness due to the
By FXStreet GBP/USD managed to move off daily lows over the last hours as the US dollar weakened following a string of disappointing economic data, but overall remains
By FXStreet Analysts at Rabobank noted that this year has brought a prolific selection of political and geopolitical events throughout the globe. Key Quotes: “While we maintain the
By FXStreet Crude oil prices have retaken the $31.00 mark per barrel on Wednesday following the EIA’s weekly report. WTI gains limited around $31.50Prices for the barrel of
By FXStreet The sell-off in equities continues today as the sliding oil prices is weighing over energy and mining shares. At the time of writing, Dow Jones Industrial