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Tag Archives: nzd

AUD/USD digs to new lows on weak Chinese trade data

A new week and new suffering for the A$. This time, the main driver is not the RBA (like last week, twice) but rather data that comes from the world’s second largest economy and Australia’s No. 1 trade partner, China. The economic giant...

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ADP NFP misses with 156K – USD retreats

ADP Non-Farm Payrolls shows a gain of only 156K jobs in April. In addition, the data for March was slightly revised to the downside: 194K instead of 200K initially reported. Jobs were the shining light in the US economy and this light shines a bit less now. The greenback ...

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EUR/USD marches forward – NZD/USD in focus now

The euro, pound and yen continue gaining ground against the US dollar on further weakness seen from the US. However, the Aussie was hit by the RBA. The focus is now on the kiwi dollar: the bi-weekly milk auction and the quarterly jobs report are eyed. Will the kiwi follow...

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EUR/USD > 1.16 – Levels to watch

EUR/USD is at the highest levels since August 2015, getting closer to breaking above those levels as well. What’s next for the pair? USD is weakness is the sole driver. This has nothing to do with euro. The last indicator to hurt the greenback...

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EURUSD , GBPUSD , USDJPY and XAUUSD TA – May 3 2016

EURUSD Daily Analysis   EURUSD (1.15): EURUSD closed above 1.147 breaking above 14th September highs. Price action in EURUSD could now target 24th August highs of 1.16. Failure to break higher could see EURUSD start to consolidate at the current levels, with the potential ...

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GBP/USD: En-Route To 1.46-1.48 – Nordea

The British pound is showing extraordinary resilience and continues marching forward despite Brexit fears. This could extend: As oil prices recovered and equity prices rose, the GBP appreciated as expected. Thus the thesis that global factors predominate has been justified so far. Note ...

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Rising Australia Unemployment Aftermath: AUDUSD Down

* Participation rate, a measure of work power in extent to the populace, was unaltered at 65.2%, coordinating financial experts’ figures Australia jobs has fallen in the wake of recording the greatest quarterly pick up on record toward the end of 2015.

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