AUD/NZD and antipodean rates outlook – Westpac

Analysts at Westpac offered an outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: Corrections appear to be continuing and could run as far as 1.0450 during the days ahead. Thereafter the multi-week rally should resume. AUD/NZD 1-3 month: Higher to the 1.0650-1.0770 area ...

Australia Westpac Consumer Confidence Index increased to 97.4 in January from previous 97.3

Australia Westpac Consumer Confidence rose from previous -3.9% to 0.1% in January

Fed’s Williams: Further gradual U.S. interest rate hikes likely appropriate

San Francisco Fed's President John Williams crossed the wires, via Reuters, noting that he sees unemployment rate bottoming out at 4.5 pct in the next year. Key headlines (via Reuters): We've reached Fed's goal of full employment U.S. GDP growing 1.5 pct to 1.75 pct this yea ...

Fed’s Williams: Further gradual U.S. interest rate hikes likely appropriate

San Francisco Fed's President John Williams crossed the wires, via Reuters, noting that he sees unemployment rate bottoming out at 4.5 pct in the next year. Key headlines (via Reuters): We've reached Fed's goal of full employment U.S. GDP growing 1.5 pct to 1.75 pct this yea ...

ECB: Slowly turning hawkish later in the year? – Rabobank

Analysts at Rabobank explained that though the still weak inflation data and the uncertainty surrounding the 2017 political scene were the reasons for the ECB to prolong QE until year-end, a number of hawks has become uncomfortable with QE. Key Quotes: "We therefore believe that, if w ...

Fed’s Williams: Further gradual U.S. interest rate hikes likely appropriate

San Francisco Fed's President John Williams crossed the wires, via Reuters, noting that he sees unemployment rate bottoming out at 4.5 pct in the next year. Key headlines (via Reuters): We've reached Fed's goal of full employment U.S. GDP growing 1.5 pct to 1.75 pct this yea ...

USD/JPY MACD opens the gates for further depreciation

A bearish MACD line cross below its median on a daily chart suggests that momentum is to the downside at the moment.Traders following this technical signal will now more confident that serious inroads to the USD/JPY downside can be achieved. Potential and long-term sellers should find comfort i ...

EUR/GBP bears remain unobstructed

The hourly ADX(14) has just crossed above 50, emerging from below the 30 levels where it has been seen during the previous market session.This is a less frequent technical set-up which suggests the EUR/GBP pair should be on its way to achieve further lows the days ahead.Caution is advised on ...

USD/CAD staged an extra selloff

Another technical signal, supportive of earlier notions of a bearish development in the USD/CAD is the rate cross below its 200-day SMA.The move below the moving average is an eye-catching event on the daily time frame charts as it has not happened in several weeks of activity.

USD/JPY MACD opens the gates for further depreciation

A bearish MACD line cross below its median on a daily chart suggests that momentum is to the downside at the moment.Traders following this technical signal will now more confident that serious inroads to the USD/JPY downside can be achieved. Potential and long-term sellers should find comfort i ...

Where was the main action overnight? – ANZ

Analysts at ANZ explained that the main action was concentrated in currency and commodity markets overnight. Key Quotes: "The USD weakened across the board after Donald Trump called the USD “too strong” in part because China holds down its own currency." "In contras ...

Mexico stocks higher at close of trade; IPC up 0.57%

Investing.com – Mexico stocks were higher after the close on Tuesday, as gains in the Financial Services, Materials and Telecoms Services sectors led shares higher. At the close in Mexico, the IPC rose 0.57%. The best performers of the session on the IPC were Cemex SAB de CV (MX:CMXCPO), which rose ...

United States 4-Week Bill Auction climbed from previous 0.5% to 0.52%