Tag Archives: NZD$

16 June: Forecast: FX: US$/Majors

  EURUSD: 1.1146 EurUsd has been under pressure as the dollar continues its recovery following the FOMC decision, assisted by today’s firm US data, with the pair finishing the session just above the Thursday lows of 1.1131. With the 4 hour/daily momentum indicators looking heavy further losses look likely, which could see a decline to 1.1100/10 and possibly… Read More »

7 June: Forecast: FX: US$/Majors

  EURUSD: 1.1279 EurUsd has been choppy while the market waits on tomorrow’s ECB Meeting. The dollar has seen broad based weakness although the Euro is also somewhat weighed down by selling of the EurJpy cross. The end result is that the pair is pretty much unchanged from this time yesterday and another sideways session would not surprise… Read More »

29 May: Forecast: FX: US$/Majors

  EURUSD: 1.1178 The Euro was under a little downside pressure heading into the weekend, with the dollar being supported by the better than expected GDP and Durable Goods figures. The pair finished near the lows of 1.1160 and looks set to remain under pressure early in the coming week. While the dailies still look constructive, they may… Read More »