Euro / New Zealand Dollar
Prices By FOLLOWME , in USD
Please login to share your trading experiences!
Partner Center Find a Broker The U.S. dollar strengthened for the second day in a row. The FX market is currently being heavily influenced by expectations over how quickly central banks, especially the Fed, will raise interest rates. With the U.S. non-farm payrolls (NFP) report coming out tomorrow,
The U.S. dollar climbed higher on Friday after data from the Labor Department showed stronger than expected job growth in the U.S. in September, raising hopes the Federal Reserve will continue to raise rates aggressively in the coming months. The Labor Department's jobs data showed non-farm payroll
As interest rates rise across countries, Eurozone sovereign bond spreads are back in the spotlight and of great interest to analysts, investors, traders and policymakers. When bond spreads converge or diverge, the explanation relates to the divergence or convergence countries have with each other re
EURUSD is trading in the descending channel on the 4H timeframe. In the previous posts, we've described a range zone as resistance or support. Currently, the market has bounced off the range zone, and it probably will test the support zone. We expect bearish moves.
European stocks closed notably lower on Friday after data from U.S. Labor Department showing a stronger than expected growth in U.S. non-farm payroll in the month of September raised concerns the Fed will continue with its aggressive interest rate hikes in the coming months. Disappointing economic d
Partner Center Find a Broker The U.S. dollar had been weakening against most major currencies since the start of the week. A big reason why was due to expectations that the Fed might have reached “peak hawkishness” and would now start to become less aggressive in raising interest rates. Today, it lo
France's foreign trade deficit increased in August from a year ago, as imports grew more rapidly than exports, data released by the customs office showed on Friday. The trade deficit rose notably to EUR 15.30 billion in August from EUR 6.61 billion in the corresponding month last year. In July, the
It’s been another eventful week with focus on the timing of the ‘central bank pivot’, UK budget mess, a large OPEC production cut and rising tensions in the Ukraine war. Especially the possible pivot of central banks towards a slower pace of rate hike have been in focus and drove a decent rally in g
The European Central Bank looks determined to follow in the Federal Reserve's footsteps. After the start of aggressive rate hikes, and with no end in sight yet, the next milestone is a reduction of its bond portfolio. However, we think the ECB's hawkishness might be premature. Quantitative tightenin
For a third day in a row the common European currency is under pressure after of 1/1 level which it was trading at the beginning of the week. Macroeconomic news continues to cause concern for the path of the European economy as well as the todays announcement of the path of retail sales and Industri
Notes/Observations - European markets are mixed to lower ahead of highly anticipated US non-farm payrolls and unemployment metrics. Data likely to dictate direction of risk sentiment after multiple hawkish Fed speakers overnight ruled out cutting rates in 2023 in a headstrong focus on battling infla
The Australian and NZ dollars weakened against their major counterparts on Friday amid risk aversion, as investors continue to worry about the Federal Reserve's aggressive monetary policy stance that could push the economy into a recession. U.S. non-farm payrolls data due later today could provide m
EUR/USD The Euro edges higher in European trading on Friday, consolidating a sharp fall on Wed/Thu (2.04%). Renewed risk aversion which dragged the euro lower, is likely to gain pace as markets expect a robust US jobs report that would give a fresh signal to the US central bank for further aggressiv