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Breaking news

New Zealand Dollar on the move as home prices may be considered in RBNZ's remit

Real Time News
  • RT @FxWestwater: $NZDUSD breaking back above 2019 high on #RBNZ consideration of home prices in remit. Price at the upper bound of a rising…
  • BoJ Governor Kuroda says no shift seen in Fed's policy stance - BBG
  • The New Zealand Dollar surged 0.6% against the greenback after its Finance Minister Grant Robertson raised concerns over rising house prices to the central bank, proposing the RBNZ to consider adding house prices as a factor when making monetary decisions https://t.co/C1poEj06Kr
  • I wonder if any other central banks would follow the lead of the RBNZ on pressure to factor in housing prices in monetary policy. Go way out on a limb and perhaps even consider capital market asset inflation...probably not https://t.co/Cke07Or35H
  • EUR/CHF IG Client Sentiment: Our data shows traders are now net-long EUR/CHF for the first time since Nov 16, 2020 08:00 GMT when EUR/CHF traded near 1.08. A contrarian view of crowd sentiment points to EUR/CHF weakness. https://www.dailyfx.com/sentiment https://t.co/WJ7ZCwf3Ak
  • NZD soaring on this as such an addition to the RBNZ's remit lowers the need to ease policy, given the current backdrop of rampant house prices https://t.co/2fx0VTUOZh
  • BoJ Governor Kuroda: Won't hesitate to add easing if needed BoJ measures are having a positive impact Nervousness in financial markets has eased somewhat - BBG $JPY #BoJ
  • 7 out of 11 S&P 500 sectors ended higher, with 73.1% of the index’s constituents closing in the green on Monday. Cyclical energy (+7.09%) , financials (+1.88%) and industrials (1.64%) were among the best performers, whereas real estate (-0.34%), healthcare (-0.30%) were lagging. https://t.co/bDpvRqEX4u
  • #ASX200 looking poised to extend its recent run higher as RSI climbs back into overbought territory Key resistance levels falling at the 50% (6674) and 61.8% (6755) Fibonacci's $XJO $ASX https://t.co/E7VADxCJ1o https://t.co/T3ICLoE9du
  • Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/GBP Levels to Watch - https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2020/11/24/Euro-Price-Action-Setups-EURUSD-EURJPY-EURGBP-Levels-to-Watch.html $EUR $EURUSD $EURJPY $EURGBP https://t.co/qxHSS90Rnd
Weekly Trading Forecast: How Long can the US Dollar Defy Gravity?

Weekly Trading Forecast: How Long can the US Dollar Defy Gravity?

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The US Dollar trades near major highs versus the Euro and other major FX counterparts as interest rate expectations remain center-stage. But further gains are hardly guaranteed—here are risks to watch.

US Dollar Forecast – US Dollar Remains in Control, but Can it Really Hold its Gains

The US Dollar rallied to fresh multi-month highs versus the Euro and other major counterparts as investors bought into the previous week’s breakout.

Euro Forecast - EUR/USD Direction Next Few Days Contingent on EZ CPI, ECB Speeches

This week – with its twelve ECB policymaker events – provides plenty of opportunity for clarification of what changes the ECB might make at its December policy meeting.

British Pound Forecast – GBP/USD Bounces Up to a Lower High Ahead of UK Inflation Data

Last week, my colleague David Song reiterated our Bearish forecast on the British Pound, citing the dovish tone taken by the Bank of England during Super Thursday and the fact that it looked as though the Sterling was going to continue getting hit by depressed rate expectations moving forward.

Japanese Yen Forecast – USD/JPY Stuck in Continuation Pattern Ahead of Japan GDP, BoJ Meeting

The long-term outlook for USD/JPY remains bullish as the Federal Reserve remains on course to remove the zero-interest rate policy (ZIRP), but the key developments coming out of Japan may produce a larger correction in the exchange rate should the Bank of Japan (BoJ) continue to endorse a wait-and-see approach at the November 19 interest rate decision.

Canadian Dollar Forecast – CAD Unable to Prevent Slide As Crude Oil Breaks Support

The Canadian Dollar witnessed a strong drop in the second half of the week thanks in large part to a massive build in DoE and API Crude Oil Inventories this week.

Australian Dollar Forecast – Australian Dollar May Stall on FOMC Minutes, US CPI

The Australian Dollar mounted a spirited recovery against its US counterpart last week but bets on a widening Fed vs. RBA policy divergence may prove the move short-lived.

New Zealand Dollar Forecast – Fonterra Milk Auction To Put Spotlight on RBNZ’s Next Move

Halfway through the month of November, the New Zealand Dollar has retraced much of its October gains.

Gold Forecast – Gold: Here’s What to Look for After this Historic Run

Gold prices fell for a fourth consecutive week with the precious metal down nearly 0.3% to trade at 1081 ahead of the New York close on Friday.

Weekly Trading Forecast: How Long can the US Dollar Defy Gravity?

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