NZDUSD bounces off the 100 hour MA at 0.5948 currently. That is now close support.
The NZDUSD moved lower during the Asian-Pacific session in sympathy with the broader US dollar strength. However, each dip toward the rising 100-hour moving average attracted willing buyers, with the…
Euro consolidates as US Dollar and Oil price dynamics dominate market sentiment
EUR/USD consolidates with minor losses after a volatile start to the week as traders assess evolving geopolitical developments in the Middle East, while price action remains driven by the US…
Emerging markets: Broadening gains persist in 2026 – HSBC
HSBC economists argue Emerging Markets (EM) remain well positioned in 2026 as the US Dollar (USD) weakens and global policy easing supports a broadening of returns beyond US mega-cap tech.…
Dow Jones steady as Iran rebuff lifts Oil, CPI in focus
US equity index futures opened the week little changed as Wall Street weighed a renewed flare-up in the US-Iran standoff against this week's marquee inflation print. Dow Jones Industrial Average…
USDCHF trades to new day lows. USDCAD lower as well. What are key levels for each now?
The USDCHF continues to lean against its 100-hour moving average as a key resistance barometer. Corrective rallies last week stalled against that moving average on Tuesday, Wednesday, Thursday, and Friday…
British Pound steadies as Starmer ouster fears rock UK Gilts
The Pound Sterling holds modestly firm during the North American session, down a minimal 0.06% as pressure mounts on the UK’s Prime Minister Keir Starmer as his party sustained losses…
BoC: Patience on hikes despite oil shock – TD Securities
TD Securities strategists expect the Bank of Canada (BoC) to hold its policy rate at 2.25% through 2026 before returning to a 2.75% neutral level in 2027 via 25 bp…
Oil prices rebound into triple digit levels amid lack of US-Iran breakthrough
FUNDAMENTAL OVERVIEWOil prices came under some renewed pressure in the final part of last week on hopes that Iran would accept the US war-ending proposal after Axios reported the two…
The USD is higher to start the new trading week.Bias is higher for major pairs technically
The USD is trading higher against the major currency pairs today, but both the EURUSD and GBPUSD have rebounded from earlier session lows, allowing buyers — or dollar sellers —…
Norwegian Krone: Norges Bank’s surprise hike and risk support – HSBC
HSBC reports that the Norwegian Krone (NOK) has gained alongside other risk-on currencies versus the Dollar, supported by improved sentiment and domestic policy. Norges Bank surprised markets on 7 May…
