Weekly Forex Roundup – Winners and Losers
The US Dollar gained against the Yen, the Pound and the Canadian dollar, but lost to the others. Here’s a review of the big moves in forex trading this week.
The biggest story was the ongoing recession in Britain, that supplied a huge drop for the Pound on Friday.
Dollar Weakness
The US dollar index lost ground this [...]
The Kiwi Flies Higher – Rate Hike Coming?
NZD/USD, the kiwi, reached new Year to date highs, passing 0.75 at the beginning of the new week. Is the market expecting a rate hike next week?
Forex trading began with new dollar weakness. Many currencies regained against the dollar after losing ground on Friday. Mostof them are currently within levels seen last week: EUR/USD is [...]
New Zealand Rates Unchanged – Kiwi Makes A Roundtrip
The interest rate in New Zealand remained unchanged at 2.5%. In the official RBNZ rate statement, the first paragraph talks about recovery while the last paragraph hints of future rate cuts. The kiwi went down just before the statement only to go up. A similar knee-jerk reaction was seen with Non-Farm Payrolls. Such events are [...]
Forex Weekly Outlook – September 7-11 2009
After an extremely busy week, the upcoming week is more relaxed, especially for North American traders, which enjoy the Labor Day weekend. Later in the week, things warm up with rate decisions from Britain, Canada and New Zealand, and many other important indicators.
Non-Farm Payrolls, as well as a big number of other important indicators, [...]
Forex Daily Outlook – July 29th 2009
American Durable Goods Orders and a rate decision in New Zealand are the highlights of this busy day in forex trading.
Australian HIA New Home Sales starts the day. Last month, this figure fell by 5.7%. In New Zealand, NBNZ Business Confidence is an important release that will give a broad view over the economy.
A bigger event for [...]
NZD/USD Outlook – July 27-31 2009
The kiwi awaits important events this week, with the rate statement as the “best for last”. Here’s an outlook for this week’s events in New Zealand, and a technical analysis for NZD/USD.
Trade Balance: New Zealand usually enjoys a surplus in its export oriented economy, yet the size of this surplus isn’t stable. In the last [...]
Forex Weekly Outlook – June 8-12 2009
After a wild week that exceeded expectations, this week is relatively quiet. Trade Balance will be published almost everywhere. American Retail Sales will also stand out, as well as an interest rate from New Zealand. Here are the major events for this week:
Non-Farm Payrolls closed the week with a big surprise. The dollar won the [...]

