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NZD/USD trades around the 0.5900 zone after a quiet Wednesday European session.Mixed momentum signals but moving averages reinforce the bullish tone.Support seen at 0.5930 and 0.5908; resistance stands at 0.5969. The NZDUSD pair held steady near the 0.5900 mark on Wednesday, posting a marginal daily

Chuck thinks it was the PPT intervening with the Dollar. Gold seems to be oblivious to the goings on around it... Good Day... And a Tom Terrific Tuesday to you! Well, my St Louis teams didn't fare any better last night, as my beloved Cardinals lost to the Braves, and our Blues fell to 0-2 in the pla

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Pound set to end week positively as US Jobless Claims beat, Housing Data sends mixed signals.US jobless claims drop to 215K, below estimates, reinforcing a resilient labor market outlook.Strong UK wage growth contrasts with cooling inflation, keeping BoE rate cut speculation alive post-Easter. The P

The Turkish central bank (CBT) is unlikely to cut its main repo rate at today’s meeting, so soon after it had to emergency tighten rates inter-meeting following the market blow-up when Istanbul Mayor Ekrem was arrested. Nevertheless, some tweaking of secondary policy tools is possible: for example,

Asia Market Update: Markets quiet until fresh WH-induced volatility; CN pre-tariff data outperforms; JP-US tariff negs tomorrow; Tonight US Mar Retail Sales, CA BOC Rate Decision. General trend - Markets were enjoying another quieter day with lower volatility, until after the NY markets closed when

On the radar Czechia will release producer prices at 9 AM CET. Slovakia and Serbia will publish February’s current account data today. In the afternoon, Poland will release core inflation in March. Economic developments The beginning of the year was rather weak for the industry sector across CEE. In

EUR/USD daily chart Support: 1.1195 (S1), 1.0960 (S2), 1.0735 (S3). Resistance: 1.1470 (R1), 1.1680 (R2), 1.1885(R3). EUR/USD appears to be moving in an upwards fashion, with the next possible target for the bulls being the 1.1470 (R1) resistance line. We opt for a bullish outlook for the pair and s

The next major resistance for NZD/USD at 0.5905 is likely out of reach for now. In the longer run, NZD is expected to strengthen; the level to watch is 0.5905, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. NZD is expected to strengthen 24-HOUR VIEW: "We indicated last Friday that 'furt

Neel Kashkari, Minneapolis Federal Reserve (Fed) President, said in a CBS ‘ Face the Nation show on Sunday that recession prospects from President Trump’s trade war will be determined by whether there are “quick resolutions” to trade uncertainties with major trading partners. Kashkari said: “This is