Antipodeans and the week ahead – ANZ

The NZD eased off its recent highs with a quiet start to the week.  Key Quotes: "The RBNZ speech tomorrow will be examined for the extent the Bank is, or is not, looking through recent currency strength.  Locally, broad-based strength across New Zealand’s commodity prices coul ...

NZD/USD: consolidates, eyeing 0.7485

Currently, NZD/USD is trading at 0.7436, down -0.04% on the day, having posted a daily high at 0.7441 and low at 0.7431. NZD/USD is making a fresh high out of the consolidation range of overnight in lightly traded markets. There are early signs of a possible top ahead of 0.7485 (Sep 16 peak ...

USD/RUB volatility measures could spark profit taking

USD/RUB is capturing attention with its soaring volatility and northward streak.The following technical observations are worthy of note: The search for a low in today's trading is reflected in the 2-standard deviation Bollinger Bands® expanding for several consecutive hours. Moreover, the near-term ...

DXY recovers from a 13-month low – Westpac

Analysts at Westpac's market wrap... Key Quotes: "Global market sentiment: US interest rates rose slightly while the USD consolidated near a one-year low. There was little news to drive markets. Interest rates: US 10yr treasury yields rose from 2.23% to 2.26%, and 2yr yields rose fro ...

NZD/USD bulls are losing their breath

The graceful upward trajectory staged by the NZD/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar. Prices challenged the 21-period 2-standard deviation upper band by printing outside of its boundaries in the last two days. The bearish patter ...

EUR/USD pierces a 52-week high

EUR/USD was biding above the 52-week high but finally closed the day below.Having punched the performance metric with today's price movement leaves a new high on the charts.

Peru stocks lower at close of trade; S&P Lima General down 0.03%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the Banking&Financials, S&P Lima Juniors and Agriculture sectors led shares lower. At the close in Lima, the S&P Lima General declined 0.03%. The best performers of the session on the S&P Lima General ...

Day Ahead: 3 things to watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow Alphabet to drag the Nasdaq down? Google parent company Alphabet Inc Class A (NASDAQ:GOOGL) is likely to be ‘one of the stocks to watch’ on Tuesday, after the tech giant posted a 27.7% drop in quarterly profit on M ...

South Korea Consumer Sentiment Index climbed from previous 111.1 to 111.2 in July

US Stocks: Nasdaq renews record high, Dow and S&P close lower

Ahead of this week's earnings reports from big tech companies, the Nasdaq Composite Index reached its record high at 6,417.70 before closing the day at 6,412.81, up 25 points, or 0.4%. On the other hand, the Dow Jones Industrial Average and the S&P 500 indexes couldn't keep u ...

Brazil stocks higher at close of trade; Bovespa up 0.64%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Real Estate and Consumption sectors led shares higher. At the close in Sao Paulo, the Bovespa added 0.64%. The best performers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), ...

Alphabet sheds 2.6% in after hours trade amid profit slump

Investing.com - Google’s parent company, Alphabet (NASDAQ:GOOGL) reported a drop in quarterly profit, following the $2.74 billion regulatory fine levied by the European Union. Alphabet reported net income of $3.52 billion, or $5.01 per share on $26.01 billion in revenue, compared to net income of ...

Frex today: a small up for the dollar are rates

Forex today was supportive of both the DXY and rates.  US stocks recovered after an initial wobble yet the Yen continued on the bid and was down to challenge 111 the figure into the close. Markets are somewhat on guard at the start of the week with the pending US CPI data on Friday and th ...