Daily reviews

New Zealand dollar keeps holding against US dollar

Yesterday’s data on US came out quite well. That caused negative influence on the US stock market, as well as it supported US dollar against main currencies besides New Zealand dollar. It’s been around its historical peak for quite a while already. …

Coming week is expected to be full of economic events

Coming week will be reach in important economic data. There will be events related to meetings of the Central Banks of the UK and Eurozone on interest rates. We cannot expect from those meetings that interest rates will change, but …

Markets today are going to be quiet

Today there is practically the second unofficial holiday in USA – “black Friday”, a day when Christmas sales begin and Americans hurry to buy presents for their relatives.  This day is an important indicator of American consumer confidence for experts and analytics. In …

The Japanese yen continues to decline against major currencies on Tuesday, because the recovery of the stock market and tolerable auction results on placement of government bonds in Japan helped ease risk aversion by investors.

Trade Recommendation: Buy the pair at a penetration of 128.00-128.50 resistance area (in this case …

The U.S. dollar continues to rise against the yen, but the key level of 100.00 is still elusive in the European session. But taking into account the commitment of the new leadership of the Bank of Japan achieving the inflation target 2% in the next two years, a …

The last few weeks of trading pair GBP / USD shows a smooth correction movement. This week is likely to continue the trend.

Last week, the pair managed to consolidate above the 1.5200 level, which is a positive sign for the bulls.

Trading recommendation: the pair can test the level …

Wall Street is unlikely to continue to grow ...

The U.S. stock market closed on Tuesday is very negative amid expectations early reduction in the Fed's stimulus measures. Under pressure were shares of companies of the banking and technology sectors. Shares of Oracle Corp and Apple Inc lost 1.3% and …

The first bell rang ...

Yesterday's continued closure of long positions in the Japanese yen showed that investors have doubts crept in to the account, will continue to shed dollar rain on the financial markets. Judging from the dynamics that marked not only the yen, but the gold and markets …

Markets consolidated due to the lack of new ideas...

The U.S. stock market was closed on Monday growth, continuing the rally, amid expectations of accelerating the rate of economic growth. The main impetus for this is an extension of the incentives, and a pretty good economic data recently. Dell shares …

GBP/USD

News background:
The British pound remained under pressure amid weakness of the UK economy with the additional pressure it receives by becoming ever more positive attitude of investors to the U.S. currency due to expectations of rising rates of economic recovery.

Technical picture:
Pair is below 1.4900, and in …