Forex

New Zealand Dollar Talking Points NZD/USD has come up against the 200-Day SMA (0.6311) after clearing the April high (0.6176), and the bullish momentum may persist throughout the first week of June if the Relative Strength Index (RSI) pushes into overbought territory. NZD/USD Rate Forecast: Will RSI Offer a Bullish Signal? NZD/USD continues to retrace
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© Reuters. Traders Turn Optimistic on Euro With Stimulus Relief Mounting (Bloomberg) — Barely a fortnight ago, currency traders were fretting over the future of the euro. They’re now cautiously optimistic. The common currency just had this year’s best monthly advance after the European Union finally managed to assemble a stimulus plan to steer the region’s
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Singapore Dollar, Indonesian Rupiah, Malaysian Ringgit, Philippine Peso, Indian Rupee – Talking Points US Dollar weakened against ASEAN currencies last week Markets seemed underwhelmed by US-China developments Escalation risk remains, Brexit talks and US jobs data eyed ASEAN data: PMIs, net exports, unemployment, retail sales US Dollar ASEAN Weekly Recap The US Dollar weakened against
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© Reuters. A man displays US dollar notes after withdrawing cash from a bank in Harare By Tom Westbrook SINGAPORE (Reuters) – The dollar slipped on Monday as investors looked past unrest in the United States to the global economic recovery from the coronavirus and hoped for an easing in Sino-U.S. tensions. The risk-sensitive Australian
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Gold Fundamental Outlook: Neutral Gold is still struggling to gain further momentum Restrained global yields work in XAU/USD’s favor Risks ahead: RBA, BoC, ECB, US jobs data, Brexit Anti-fiat gold prices will likely continue focusing on fundamental headlines that impact the US Dollar and Treasury yields. The yellow metal has been struggling to find material
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