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Tag Archives: fusion-media

Dollar broadly lower after Fed minutes, U.S. data on tap

The Australian dollar was higher, with AUD/USD up 0.21% to 0.7893, while NZD/USD held steady at 0.7312. Sentiment on the export-related currencies remained vulnerable after data showed that China's HSBC Flash Manufacturing Purchasing Managers' Index rose ...

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Currencies Pounce On Poor U.S. Retail Sales

We have long called real wage increases a “silver bullet” for the UK recovery ... US retail sales stagnate at Easter In the meantime, the focus for a lead-off hitter on interest rate rises remains with the US’s Federal Reserve.

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NZD Dragged Down By Jobs Data, EUR/USD Erases Losses

NZD/USD got hammered last night after the release of softer-than-expected labour data. In the first quarter, unemployment rate increased to 5.8% verse 5.5% expected (prior read revised up by 0.1% to 5.8%). As a result, the Kiwi drop instantaneously by more ...

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Forex – NZD/USD slips lower but remains supported

Investing.com - The New Zealand dollar slipped lower against its U.S. counterpart on Tuesday, but remained supported as demand for the greenback weakened after Friday's disappointing U.S. data and ahead of the Federal Reserve's monthly policy statement on ...

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Weekly Currency Score, Week 18: EUR/GBP In A Downtrend

When looking at the most recent score that is used for the coming period we can see in the screenshot below the following deviations: The USD has a score of 3 and the NZD a score of 5. These are the strong currencies and they should have by preference a ...

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NZD/USD Technical Analysis: March Top Held as Resistance

The New Zealand Dollar recoiled from resistance marked by the March swing high against its US counterpart. Near-term support is in the 0.7582-95 area (horizontal pivot, 38.2% Fibonacci expansion), with a break below that on a daily closing basis exposing 0 ...

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