AUD/USD intermarket: DXY, commodities and US 10 years

Currently, AUD/USD is trading at 0.7587, up 0.06% on the day, having posted a daily high at 0.7590 and low at 0.7580. AUD/USD is consolidated after a round-turn to 0.7624. The upside started from 0.7535 on the 22nd June and remains within the upside trend above and around the 0.7585 pivot. Th ...

Draghi comments were overall hawkish – ANZ

Analysts at ANZ explained that it was all about Mario Draghi overnight where his comments were interpreted as hawkish despite there being dovish undertones following the first sentence.  Key Quotes: "While there was an acknowledgement the euro area recovery is strengthening an ...

NZD/USD: if 0.7250 holds, prospect for 0.73 handle remain on the cards

Currently, NZD/USD is trading at 0.7263, down -0.09% on the day, having posted a daily high at 0.7272 and low at 0.7263. NZD/USD has been carving out the downside overnight after Asian prices and supply came in at 0.7344, an area that analysts at Westpac explained was achievable yesterday at th ...

Neel Kashkari FOMC voter is now speaking, nothing pertinent for markets so far

Neel Kashkari, the President of the Fed Minneapolis and FOMC voter is speaking at a town hall event in Michigan Kashkari was the lone dissent at the most recent Federal Open Market Committee meeting so markets were expecting dovish remarks.  Kashkari says that there is nothing on the horizo ...

USD/CAD 100-SMA now below 200-SMA

A decline in the 100-period below the 200-period moving average has been spotted on the hourly USD/CAD charts.Due to the time lag involved in MA crosses, each event must be evaluated individually. In the current scenario, the recently printed high prices on the hourly USD/CAD charts are a ...

EUR/CHF issued a Golden Cross

EUR/CHF is undergoing a Golden Cross on daily charts, traditionally considered a bullish omen.The EUR/CHF's 50-day MA crossed above its 200-day trend. Previous instances tell us that this event becomes extremely rare if the pair has witnessed a meaningful correction before or during the crossover ...

USD/HUF 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 USD/HUF pair should be on its way to achieve further lows the days ahead.Caution is advised on ...

NZ Regional Economic Confidence, June quarter 2017 – Westpac

Analysts at Westpac offered a summary of points in respect to their analyses of the confidence in the New Zealand economy. Key Quotes: Regional economic confidence improved in most parts of New Zealand in the June quarter. However, confidence has continued to slide in the Auckland region, an ...

Peru stocks lower at close of trade; S&P Lima General down 0.01%

Investing.com – Peru stocks were lower after the close on Tuesday, as losses in the Banking&Financials, Food&Beverages and Telecoms sectors led shares lower. At the close in Lima, the S&P Lima General fell 0.01%. The best performers of the session on the S&P Lima General were ...

WTI drops sharply below $44 after API data

After rising to its weekly high at $44.44, the barrel of West Texas Intermediate came under pressure in the late NA session after the API data revealed a surprising buildup in crude oil stocks in the U.S. According to the latest weekly report released by The American Petroleum Institute (API) ...

Bitcoin inches higher while Ethereum pares losses from prior session

Investing.com – Bitcoin and ethereum rose on Tuesday, as traders piled back into cryptocurrencies, after a slump in the prior session. On the U.S.-based GDAX exchange, BTC/USD rose to $2,445, up $115.7 or 4.95%. Other big exchanges such as Poloniex, Bitfinex and BitStamp also showed th ...

United States API Weekly Crude Oil Stock: 0.85M vs -2.72M

Brazil stocks lower at close of trade; Bovespa down 0.82%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Financials, Consumption and Public Utilities sectors led shares lower. At the close in Sao Paulo, the Bovespa fell 0.82%. The best performers of the session on the Bovespa were Cia Siderurgica Nacional SA ...