NZD/USD: downside bias towards key supportive 50-d sma

NZD/USD has caught a bid after the initial sell-off from above the 0.72 handle from a high of 0.7202 and a low of 0.7171.  NZD/USD drifted below the hourly 50 sma at the close of last week's trade with the dollar that managed to keep with a bid despite a drop in yields and a stock marke ...

Japan Imports (YoY) above expectations (4.7%) in January: Actual (8.5%)

Japan Exports (YoY) below expectations (4.7%) in January: Actual (1.3%)

Japan Merchandise Trade Balance Total below forecasts (¥-636.8B) in January: Actual (¥-1086.9B)

Japan Adjusted Merchandise Trade Balance declined to ¥155.5B in January from previous ¥356.7B

Economic Wrap: eyes on FOMC official Mester today – Westpac

Analysts at Westpac offered an economic wrap. Key Quotes: "The Conference Board’s US leading index rose 0.6% (vs 0.5% expected). This is a minor indicator for markets but it does endorse the improvement in sentiment and economic indicators since the US election. Eight of the 1 ...

German Chancellor Angela Merkel says “The euro is too low for Germany”

Further to the weekend politics, Weekend politics: Greece debt mounting and so to are investor's concerns, the German Chancellor Angela Merkel was hitting the wires on Saturday that the euro was too low for Germany, as reported by Reuters, adding that she made clear that Berlin had no power t ...

Weekend politics: Greece debt mounting and so too are investor’s concerns

Possible risk-off start to trade today? The weekend news was more of the same concerns in the EU as the main subject matter for forex markets to get their teeth stuck into this week. Greece is taking back the headlines after dominating the FX space back in the summer of 2015 when a three-yea ...

New Zealand Producer Price Index – Output (QoQ) climbed from previous 1% to 1.5% in 4Q

New Zealand Producer Price Index – Input (QoQ): 1% (4Q) vs previous 1.5%

New Zealand PPI Output 1.5% vs. 0.6% forecast

Produce price inflation output in New Zealand rose more-than-expected last month, official data showed on Sunday.In a report, Statistics New Zealand said that New Zealand PPI Output rose to a seasonally adjusted annual rate of 1.5%, from 1.0% in the preceding month.Analysts had expected New Zealan ...

Market wrap: US rates fall but dollar held a bid – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: US interest rates fell but the US dollar rose on Friday night amid doubts about Trump’s border tax plan and French election concerns. US equities remained at or near record highs. Interest rates: US 10y ...

What now for the dollar – momentum faltered? – BBH

Analysts at Brown Brothers Harriman explained that the Dollar Index rallied for ten consecutive sessions through February 14.   Key Quotes: "Despite a series of stronger than expected US data, and confirmation from the leadership of the Federal Reserve of rising confidence that ful ...

South Korea Producer Price Index Growth (YoY) rose from previous 1.8% to 3.7% in January

Israel stocks higher at close of trade; TA 35 up 0.54%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Real Estate, Communication and Technology sectors led shares higher. At the close in Tel Aviv, the TA 35 rose 0.54% to hit a new 1-month high. The best performers of the session on the TA 35 were Tower ...

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