AUD/NZD: expect a retest of the 1.08 handle? – Westpac

Analysts at Westpac offered their outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: The 1.0800 area is capping for now, but retests are expected during the day ahead given the risk-positive tone offshore. AUD/NZD 1-3 month: Higher to 1.10. The cross remains well belo ...

When are the RBA minutes and how could they affect AUD/USD?

RBA meeting minutes overview The minutes are due for 0130GMT today. The RBA policy decision was to leave the cash rate steady at a record low of 1.5%. Housing price risks and concerns over a stronger dollar weighing on policy views were in the last minutes that "warranted carefu ...

USD/JPY: capped at key resistance 113.80, yen plays catch-up

Currently, USD/JPY is trading at 113.63, down -0.14% on the day, having posted a daily high at 113.82 and low at 113.55. USD/JPY has been dropped to test the 113.50 level while the yen finally catches up with the weakness in the greenback. There has been a run of poor data of late and that ha ...

NZD/USD: within familiar ranges, capped below 0.6900 in US session

NZD/USD has been riding the commodity surge and a weakness sin the dollar over the last number od sessions, although the conviction and 0.69 handle has been lost from overnight trade.  Forex today: risk driven by a surge in WTI, dollar takes another hit NZD/USD made a fresh low last week ...

Positive oscillator behavior in AUD/JPY

Increased upward momentum in the AUD/JPY pair in recent days has brought the MACD to hurdle above its median line.The condition could be taken by sellers as a reason to jump out from short positions, as well as spur demand for the AUD/JPY among potential buyers.Outlined on the daily perspective ...

Market wrap: US session retraces WTI’s higher price effect – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: Higher oil prices coincided with a rise in commodity currencies, although these were mostly retraced during the NY session. WTI crude oil is up 1.9% following Saudi Arabia and Russia’s commitment to exten ...

GBP/USD corrects to 1.29 after finding support at 1.2880

The GBP/USD eased to its daily low at 1.2880 in the NA session as the greenback continued to retrace its losses against its rivals. However, the pair was able to correct some its losses and moved back into the positive territory ahead of tomorrow's important inflation data to be release ...

Brazil stocks higher at close of trade; Bovespa up 0.37%

Wall Street rises to record highs, fueled by rallying oil

Major equity indexes in the United States rose to fresh record highs on Monday as the solid gains seen in crude oil prices lifted the commodity-linked stocks. Two of the biggest oil producers, Russia and Saudi Arabia, announced that they agreed on the need of nine-month extension to the output cu ...

Mexico stocks higher at close of trade; IPC up 0.51%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Telecoms Services, Financial Services and Industrials sectors led shares higher. At the close in Mexico, the IPC rose 0.51%. The best performers of the session on the IPC were Nemak SAB de CV (MX:NEMAKA), which ...

Forex today: risk driven by a surge in WTI, dollar takes another hit

Forex today was dominated by WTI rallying some 3% overnight, taking risk higher in the US with it which means stocks were on target for fresh record highs on Wall Street again, albeit not quite making the ground in the benchmarks. With higher oil and gold, the dollar subsequently underperforme ...

Colombia stocks higher at close of trade; COLCAP up 0.88%

Investing.com – Colombia stocks were higher after the close on Monday, as gains in the Industrials, Public Services and Investment sectors led shares higher. At the close in Colombia, the COLCAP added 0.88% to hit a new 52-week high. The best performers of the session on the COLCAP were Avianca ...

United States Net Long-Term TIC Flows below forecasts ($68.3B) in March: Actual ($59.8B)