The US dollar initially fell during the trading session on Monday, breaking below the ¥104 level before turning around to rally rather significantly. However, we are very much in a downtrend, and the 50-day EMA above should continue to be a major problem. What we are looking at here is the possibili

USD/JPY keeps the previous day’s break of 106.00 despite recently easing from 106.06. Risk sentiment remains mildly positive as US President Trump tries to regain market confidence with stimulus, vaccine hopes. Japan’s trade and current account numbers flashed welcome data for August. US VP debate,

NZD/USD stays pressured near two-week high flashed late last week. US President Donald Trump’s health recovery, hopes of stimulus favor risk-on mood. New Zealand government’s update on COVID-19 alerts becomes immediate catalyst. China’s off highlights risk news, US ISM Services PMI will be the key d

Prime Minister Jacinda Ardern has stated that Aukland will move to alert level 1 considering that the city has gone 10 days without a case of COVID-19 in the community.  Auckland had been under alert level 2 for 12 days after it was shifted down from level 2.5 on September 24, meaning group sizes co