New Zealand Dollar After US CPI; NZD/USD, EUR/NZD, AUD/NZD Price Action

NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD/USD is holding above channel support, but there is no sign of reversal of the downtrend. AUD/NZD remains well within its recently established range; EUR/NZD’s downside could be limited. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi Building Confidence in Trading NZD/USD: Holding the above

How Will the US Dollar React to Fed Rate Decision Next Week?

US Dollar Scenarios Ahead of FOMC – Talking Points: The US dollar’s short-term uptrend remains intact ahead of the FOMC meeting. The Fed is highly likely to keep rates unchanged next week. The Statement of Economic Projection could be particular interest. How is the greenback likely to react? Recommended by Manish Jaradi Traits of Successful

Asia FX rises on China optimism, dollar at 6-mth high By Investing.com

© Reuters. Investing.com– Most Asian currencies rose on Friday as more stimulus measures and positive economic readings from China helped boost risk appetite, while the dollar traded near six-month highs. China announced another cut to its reserve requirements for local banks, unlocking more liquidity to support a slowing economic recovery. and data also read higher

Dollar retreats after CPI release; euro gains ahead of ECB decision By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday after U.S. inflation release, while the euro climbed from recent lows ahead of the European Central Bank’s eagerly-awaited rate-setting meeting.  At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1%

US Dollar races higher as it outpaces battered Euro

Share: The US Dollar is in the green and is set for weekly gains. ECB Lagarde dropped the ball and the Euro got punished.  The US Dollar Index stronger as PPI and Retail sales surprise to the upside. The US Dollar (USD) firmly above 105 in the US Dollarindex (DXY) and has the

Australian Dollar Holds Early Gains After Jobs Beat; Is AUD/USD Forming a Base?

Australian Dollar Vs US Dollar, Australia Jobs – Talking Points: AUD held gains after Australia jobs data beat expectations. AUD/USD is attempting to form an interim base. Speculative short AUD positioning is at the highest level since early 2022. What is the outlook for AUD/USD and what are the key levels to watch? Recommended by

Asia FX muted, dollar drifts lower despite CPI surprise By Investing.com

© Reuters. Investing.com– Most Asian currencies kept to a tight range on Thursday, while the dollar edged lower as markets weighed stronger-than-expected inflation data against expectations that the Federal Reserve will keep rates unchanged next week.  Data on Wednesday showed that U.S. grew slightly more than expected in August, amid rising fuel costs and steady

US Headline Inflation Nudges Higher, the US Dollar Remains Nonchalant

US Dollar (DXY) Price, Chart, and Analysis Annual US headline inflation rose for the second month in a row, while core inflation fell for the fifth consecutive month, leaving Fed officials caught between two readings. Headline inflation rose due to higher gasoline prices (+10.6%) which accounted for over half the increase, while the shelter component