EUR/USD: the funda download – Scotiabank

Looking for support at current levels, (1.2200/10) analysts at Scotiabank offered a recap on the euro. Key Quotes: "Eurozone preliminary PMI data reflected stronger than expected activity in the French and German service sectors this month and a modest deceleration in manufacturing activity ...

Japan Corporate Service Price (YoY) meets forecasts (0.5%) in February

NZD/USD falls into 0.7150 as the Kiwi gives up ground to the Greenback

A weakened Kiwi gives up even further ground as the US Dollar recovery extends its reach. No more NZD data on the calendar until Thursday. The NZD/USD is trading near 0.7150 heading into the Tokyo trading session after losing ground steadily through Monday's trading. The Kiwi stoope ...

NZD/USD: approaching lowest levels in a year – ANZ

Analysts at ANZ explained that the kiwi broke through the key 200 day MA support level overnight to approach its lowest levels for the year. Key Quotes: "A long market has assisted the move, but this has largely been about a stronger USD, with it responding to higher yields and perhaps easin ...

New Zealand Visitor Arrivals (YoY) up to 13% in March from previous 11.4%

RBA’s Kent: fallout from interest-only loan expiries to be limited

The Reserve Bank of Australia's Assistant Christopher Kent gave some talking points about the interest-only loan lending practices in Australia, which the Australian regulator Australian Prudential Regulation Authority (ARPA) restricted to protect household debt levels. Key highlight ...

AUD/USD crashes into 0.76, hits new low YTD

The Aussie fumbles as the Greenback extends its rally. Australian CPI unlikely to give the AUD a much-needed push upwards. The AUD/USD is trading at the bottom near the 0.7600 handle in the overnight session after a continuation of last week's decline carried over into Monday' ...

Market wrap: dollar makes broad gains in London/NY – Westpac

Analysts at Westpac explained that the US dollar made broad gains in London/NY for a third straight day, up against all G10.  Key Quotes: "News and data again weren't key." "AUD was weaker than most, dropping to 0.7600 for the first time since Dec 2017." ...

Peru stocks higher at close of trade; S&P Lima General up 0.29%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Banking&Financials, Food&Beverages and Services sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.29% to hit a new 5-year high. The best performers of the session on the ...

Wall Street stocks mixed as higher bond yields weigh on stocks

Investors are pricing in four rate hikes in 2018 as 10-year benchmark yields rise to 4 year high. Weak smartphone demand weighed on the technology sector.  On the earnings front, Alphabet (Google) beat analysts expectations.  The S&P 500 Index closed virtually unchanged a ...

Poloz send the Lonnie into the hands of the bears, twice

USD/CAD: up up and away on Poloz green light to the Loonie bears. USD/CAD: higher US yields and dollar and bear sentiment on the CAD. Commodity FX has been hammered of late despite the CRB settled around near YTD highs. The Loonie has been in freefall, while Canadian wholesale trade sales mis ...

Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow 1. Housing Data, Consumer Confidence, Richmond Fed Manufacturing on Tap Amid easing geopolitical tensions following improving U.S-China trade relations and signs of progress toward peace talks on the Korean ...

US session funda wrap: US yields are the driving force, dollar highest since Jan

From a fundamental perspective, US yields have been the driving force, sending stocks on Wall Street lower for the third session on fears of the return of inflation with geopolitical risks simmering the background. Gold is lower and the DXY is up to test the 91 handle and to the highest level sinc ...