Tag Archives: kiwi

12 Apr: Forecast: FX: US$/Majors

  Reports this week will go through to Wednesday and recommence next Tuesday. EURUSD: 1.0605 Having reached a low of 1.0578 on Tuesday, the Euro has recovered, mildly, following a combination of a stronger than expected ZEW, some uninspiring comments from Janet Yellen at the end of the previous session and a slightly softer US$, as traders moved… Read More »

9 Mar: Forecast: FX: US$/Majors

  EURUSD: 1.0546 The Euro is under some pressure today against the generally stronger dollar, although the range has been tight as traders await the outcome of today’s ECB Meeting. No change is expected to policy and the direction will come from ECB Governor, Mario Draghi‘s outlook. The momentum indicators still look pretty neutral and a cautious stance… Read More »

8 Mar: Forecast: FX: US$/Majors

  EURUSD: 1.0571 EurUsd has had a tight 50 point range on Tuesday (1.0558/1.0602), leaving the outlook unchanged. The momentum indicators still look pretty neutral and a cautious stance is required for the coming session. On the downside, back below 1.0550 could retest the 1.0500 area, but which appears unlikely to be broken today unless the ADP Jobs… Read More »