Search Results for: Kiwi
Currencies Update: Dollar slips for third day; Euro to Dollar got a boost
July 12th, 2019
The dollar edged lower for a third consecutive day on Friday as stronger-than-expected U.S. inflation data failed to shake convictions that the Federal Reserve will start cutting interest rates at a policy meeting later this month. Against a basket ...
Elliott wave Analysis: NZDUSD and GBPNZD Update
January 18th, 2019
Kiwi is currently trading in a bigger, unfolding three-wave reversal down from the highs (0.684 level) with first leg a already completed. Rally that followed from the 0.673 level can be labelled a temporary pullback as wave b, which ...
Elliott wave Analysis: NZDUSD and EURAUD
January 7th, 2019
Kiwi can be ending a five-wave cycle within an ending diagonal here, which means that NZDUSD is bullish now, but be aware of a deeper three-wave a-b-c decline before a continuation higher, where ideal support would be around previous ...
US dollar drifted lower against its most major counterparts
December 28th, 2018
The US dollar drifted lower against its most major counterparts in the European session on Thursday, with political uncertainty in the US and global economic growth worries denting sentiment. With the shutdown entering the sixth day on Thursday, President ...
Dollar gains as focus shifts to Fed, euro and sterling under pressure
December 14th, 2018
The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback ...
The dollar held broad gains; Currency traders are looking to the upcoming G-20 meeting
November 26th, 2018
The dollar held broad gains on Monday as investors sought shelter in the world’s most liquid currency on fears of a slowdown in global economic growth and as U.S.-Sino trade tensions sapped risk appetite. The greenback, considered a safe ...
Asian stocks fell, British pound rose; Key financial events coming up this week
July 16th, 2018
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the impact of the trade dispute. Crude slid and the yen traded near the weakest level ...
Nasdaq and NZDUSD Intra-day Looks – Elliott wave Analysis
July 5th, 2018
As expected, Nasdaq is still looking for more weakness since we have seen a sharp drop from 7130 resistance level. Currently can be consolidating before a continuation lower towards new lows, especially if price breaks channel support line and ...
The dollar index against a basket of six major currencies was down
May 14th, 2018
The dollar’s recent rally ran out of steam on Monday with U.S. yields sinking as investors wound back expectations that the U.S. Federal Reserve will launch a series of rapid rate hikes this year. The dollar index against a ...
Asian equities edged higher, the pound was flat; Here are the main events to watch for this week
January 8th, 2018
Asian equities edged higher ahead of the start of the region’s earnings season this week, with investors betting that the outlook for economic growth and profits is strong enough to support record-high stock prices. The Korean won declined. Shares ...
