0.0 00 The Australian dollar, or AUD/USD Forex market, has now fallen to its lowest level in a month. This particular Forex market saw a breach of a key trend line support which signals even more …
Read More »New Zealand Elections Result in a Hung Parliament
0.0 00 The New Zealand dollar, NZD/USD Forex market took a bit of a hit this morning. The Kiwi moved lower after poll results showed the country’s general election returned a hung parliament. That is one …
Read More »Gold Inches Higher on Safe Haven Demand
0.0 00 The price of gold inched higher from a four week low, this morning, during Asian trade. The latest rise in tensions between the United States and North Korea pushed investors into safe haven asset …
Read More »Gold Falls Lower on FOMC Decision
0.0 00 The price of spot gold (XAU/USD) fell sharply lower after the Federal Open Markets Committee (FOMC), which is the monetary policy arm of the US Federal Reserve decided to keep forecasts for the rate hike path …
Read More »Crude Oil Hits a 4 Month High
0.0 00 Crude oil futures contracts saw a surge higher in price after pausing to consolidate. The price of US WTI light sweet crude is now trading at a four month high. The committee that monitors …
Read More »The Kiwi Dollar Weaker after Current Account Data
0.0 00 The New Zealand or Kiwi dollar, NZD/USD Forex market was up a tad after the island nation reported better than expected current account data. This data revealed a smaller deficit than economists expected for the third quarter (Q3). …
Read More »Strong Japanese Export Data does not Support the Yen
0.0 00 The USD/JPY Forex market did not budge much this morning, with the yen depreciating just a tad, despite the release of strong Japanese trade numbers for August. The trade balance came in at ¥113.6 …
Read More »Oil is steady on Saudi Exports
0.0 00 There has not been a lot of news flow impacting the oil markets. This morning, crude contracts were steady as the de facto OPEC leader, Saudi Arabia, reported a fall in crude exports. This …
Read More »Asian Investors wait on the Fed to Meet
0.0 00 Most of the Asian equity markets where higher this morning. Asian investors are waiting on the US Federal Reserve’s policy meeting for this month. The investors wait on clues from the central bank on …
Read More »RBA Minutes Released and the Australian Dollar near Highs
0.0 00 The Australian dollar (AUD/USD) Forex market saw a short spike higher this morning, after the Reserve Bank of Australia released its minutes of the last monetary policy meeting. This meeting focused on US dollar …
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