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NZD/JPY Price Analysis: 3:1 R/R setup to the upside

This is a developing story NZD/JPY is showing signs of bullish potential for a day trade. Bulls will look for a restest of the support structure for a run higher.  NZD/JPY has made a move to the upside following a healthy correction of the hourly impulse. This gives rise to the prospects of furthe

GBP/USD Daily Forecast – U.S. Dollar Remains Strong

British Pound Remains Under PressureGBP/USD continues its attempts to settle below 1.2700 as the U.S. dollar remains strong against a broad basket of currencies amid fears of the second wave of coronavirus.The U.S. Dollar Index is currently trying to get to the test of the significant resistanc

MarketAxess Holdings Appoints Riad Chowdhury as Head of Asia Pacific

Photo: Bloomberg MarketAxess Holdings Inc. recently announced that it has secured a new Head of Asia Pacific, with Riad Chowdhury taking on the role, effective from today, the 23rd of September 2020. The operator of an electronic trading platform for fixed-income securities, MarketAxess, said in a
#AUD/NZD# hits 7-week low, penetrates 100-day SMA support after RBNZ rate decision

FMA Imposes Additional Conditions on CLSA Premium’s NZ Licence

Photo: Bloomberg CLSA Premium Limited, a foreign exchange (forex) broker, recently announced that the Financial Markets Authority (FMA) of New Zealand has imposed additional conditions on its derivatives issuer licence. After the company’s auditor couldn’t complete the audit work for its subsidiar

USD/TRY: Lira Turki Capai Rekor Terendah Baru

Lira Turki jatuh ke rekor terendah baru 7,6374 per dolar AS pada Selasa, melampaui terendah sepanjang masa sebelumnya di 7,6363 yang dicapai pada Senin.Mata uang terdepresiasi sebesar 1% pada hari Senin – penurunan satu hari terbesar sejak 12 Agustus – setelah lembaga pemeringkat Moody memperin

AUD/USD Turun 30 Pip Setelah RBA Debelle Katakan AUD Yang Lebih Rendah Akan Untungkan Perekonomian

AUD/USD mengalami penawaran jual karena Debelle RBA mengatakan intervensi adalah opsi kebijakan. AUD yang lebih lemah akan bermanfaat bagi ekonomi Australia, Debelle menambahkan. Penghindaran risiko yang berkelanjutan dalam ekuitas global dapat menghasilkan penurunan AUD yang lebih dalam.N

USD/CAD Price Analysis: Bulls cheer inverse head-and-shoulders confirmation to attack 1.3300

USD/CAD keeps the 25-pip range between 1.3295 and 1.3320 while probing the August 12 high. Buyers rely on the confirmation of a bullish chart pattern, 50-day SMA also strengthens the neckline support. USD/CAD seesaws around 1.3310 amid the initial Asian trading on Tuesday. The loonie major confirme

Taiwan Export Order Data Due On Monday

Taiwan will on Monday release August numbers for export orders, highlighting a light day for Asia-Pacific economic activity. Orders are predicted to rise 8.2 percent on year after jumping 12.4 percent in July. Hong Kong will see August figures for consumer prices; in July, the inflation rate was -2.

USD/CNY: Oversold pair sees little action after PBOC's status quo rate decision

USD/CNY lacks a clear directional bias on Monday.  The PBOC keeps one- and five-year interest rates unchanged.  The pair looks oversold and due for a corrective bounce.  The People's Bank of China's (PBOC) decision to keep interest rates unchanged fails to elicit a reaction from the USD/CNY pair. 
19 Sept
Hi from Germany which records 2,179 new Coronavirus cases, most since Apr as global total cases hit 30mln; global deaths approach 945,000. Virus antibodies ebb over 2mth period, study finds. ...
18 Sept

Bank Of England Raises Negative Rate Expectations

The Bank of England retained its interest rate at a record low on Thursday, but policymakers started to assess how negative interest rates work amid talks on post Brexit trade deal, the recent rise in Covid-19 cases and the rising risk of elevated unemployment. The nine-member Monetary Policy Commit

Pull-up Update