AUD/USD Rate Outlook Mired by Failure to Test 200-Day SMA dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
NZD/USD Rate Outlook Mired by Failure to Test March High
2021-05-11 19:00:00
David Song,
Strategist
New Zealand Dollar Talking Points
NZD/USD gives back the advance following the US Non-Farm Payrolls (NFP) report after struggling to test the March high (0.7303), but the exchange rate may continue to negate the head-and-shoulders formation from earlier this year amid the failed attempt to close below the 50-Day SMA (0.6957).
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NZD/USD Rate Outlook Mired by Failure to Test March High
NZD/USD has taken out the April range as the 266K NFP print curbs speculation for a shift in monetary policy, and the Federal Reserve may continue to utilize its emergency measures over the coming months as the central bank braces for a transitory rise in inflation.
EUR/USD Rate Outlook Mired by Failed Attempts to Test March High
of clients are net short. Long
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of clients are net short. Long
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of clients are net short. Long
News
of clients are net short. Long
News
of clients are net short. Long
News
2021-04-23 15:00:00
David Song,
Strategist
EUR/USD Rate Talking Points
EUR/USD appears to be stuck in a narrow range as the European Central Bank (ECB) retains the current course for monetary policy, but the failed attempt to test the March high (1.2113) may push the exchange rate back within the descending channel from earlier this year as the Governing Council remains in no rush to switch gears.
US Dollar Outlook Mired by Fall in Longer-Dated US Treasury Yields dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.