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The AUDUSD Enters Volatile Territory
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👤Arthur Greene
🕔July 26, 2016
The AUDUSD reversed early Tuesday in anticipation of the significant Australian inflation data scheduled for Wednesday morning in Australia, in addition to the FOMC rate decision expected out of the US on Wednesday by midday.
The AUDUSD reached its apex in the European trading session at 0.7539, which was a 1 week high for the pair, it subsequently fell during the New York trading session, losing its overall bullish momentum.…
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👤Arthur Greene
🕔July 23, 2016
- CAD receives fundamental uptick from slowing inflation
- Canadian economy reflects a generally positive outlook
Friday began with a rising USDCAD due to the weakening oil prices and a dominant USD, the dollar had previously won against a basket of other major currencies due to the uncertainty in the European economy.…
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Signs of rate cut after weak New Zealand Inflation data
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👤Xinyang
🕔July 18, 2016
The NZD dropped sharply on Monday after inflation dropped unexpectedly in the second quarter. Consumer prices in New Zealand raised 0.4% y/y in the June quarter of 2016, which is similar to the previous period and lower than market expectations of a 0.5% increase.…
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