U.S Dollar Index: Bearish Despite Recovery Attempts. The U.S.D Index remains on the downside, as long as 95.70 resistance holds on a daily closing basis. Support comes at the 95.30 levels ahead of 49.80 levels. Above 95.70 sees recovery threats to 69.00/96.67 levels before another fall. So the USD Index remains on the downside below 95.70 levels. Hint: when USD Index...
The reserve bank of New Zealand will release its latest rate decision tomorrow at 02:00 GMT. Analysts expect the central bank will make no changes, leaving the cash rate at 1.50%. Sixty minutes later, governor "Adrian Orr" will hold a press conference to discuss the Monetary Policy Statement. NZDUSD, Bullish With Risk To 0.6665 Levels! As long as 0.6625 support holds on...
U.S Dollar Index: Bearish Eyes the 95.30 Level. The U.S.D Index remains on the downside, as long as 95.70 resistance holds on a daily closing basis. Support comes at the 95.30 levels ahead of 49.80 levels. Above 95.70 sees recovery threats to 69.00/96.67 levels before another fall. So the USD Index remains on the downside below 95.70 levels. Hint: when USD...
Last week, the US Dollar fell after the Federal Reserve held the Federal Funds rate at 2.25% to 2.50% as expected. But fears that the Federal Reserve will cut interest rates in the future, put the dollar under pressure against major currencies. In the week ahead, market watchers will be looking to a meeting between U.S. President Donald Trump and...
U.S Dollar Index: Bearish Eyes the 95.70 Level. The U.S.D Index remains on the downside, as long as 96.67 resistance holds on a daily closing basis, support comes at the 95.70 levels, a halt is likely, it may test 96.00 before another fall. Below 95.70 aims 95.30 ahead on 94.80. Above 96.67 sees recovery threats to 97.12/97.36 levels. Hint: when USD...
