New Zealand Recovers New Zealand’s Activity Outlook showed a strong value at 37.2% versus the previous month’s value at 39.6% and New Zealand’s Business Confidence dropped down to 16.6 in February from a previous value of 21.7 in January. New Zealand reported a trade deficit of $285 million in January which dropped down to $25 […]

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The US Dollar Rebounds The US Dollar ended on a mixed note last week with United States CFTC Oil NC net positions having a rate of 556.6K versus 508.5K. The United States CFTC Gold NC net positions moved up from $109.8K to $123.8K and the United States Baker Hughes US Oil Rig Count went up […]

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NZD/JPY gains new momentum The Reserve Bank of New Zealand (RBNZ) is planning to change its policies with the NZD going higher this February. Minna Kuusisto, stated that the central bank’s monetary policy indicates a strong signal which keeps rates unchanged in the near future. With Trump’s new administration, we expect the USD to gain […]

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Greek’s Economic Fears for EURO The poll results of the upcoming French election might prove negative for the Euro and several U.K voters have decided to leave the European Union. Euro investors are concerned over the upcoming French elections as Marine Le Pen’s win in the election would mark the decline of the Euro. Thought […]

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AUD/USD gets the positive momentum The Australia Wage Price Index (QoQ) values are in line with the forecasted values (0.5%) in 4Q. The Australia Westpac Leading Index (MoM) values are 0% (January) versus the expected rate at 0.4% and the Australia Wage Price Index (YoY) values are (1.9%) in 4Q versus the expected rate at […]

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EUR/CAD settles below the resistance The 19-nation Eurozone meet agreed upon the discussions over Greece’s bailout review beginning at Brussels this Monday. The Central Bank stated that there was a surge in the housing prices of German cities. The prices rose by 8 percent last year followed by an annual average rise of 6.75 percent. […]

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AUD/CAD begins the Bearish Process The Aussie’s got an encouragement from the National Australia Bank’s performance last week. With Westpac’s confidence, the Australian economy is bound to flourish. However, there are lows which may prevail for a couple of days.  The recent statement made by the RBA on the monetary policy concludes that the economy […]

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Euro’s advance against the Yen Jean-Claude Juncker, the European Commission President accepted the fact that Britain will take a longer time to leave the European Union than expected. On the political front, Greece continues to dominate the headlines and has played a key role in the decline of the Euro. The poll results of the […]

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Euro to Climb Higher Euro’s international trade in goods saw an increase of 6% and the Euro looked to bounce back after a fresh lower of 1.0559 levels yesterday. With a security clearance proclaimed by the European nations, an increase in the growth rate of employment opportunities is ensured for the people of the nation. […]

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Yellen’s statement strengthens US dollar Federal Reserve Chairperson Janet Yellen’s speech highlighted the progress made by the U.S. economy in terms of achieving price stability and maximum sustainable employment. She confidently stated that there is a steady improvement in the labor market. Janet Yellen feels that there can be an increase in rate hikes as […]

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