Published: Thu, 04 Feb 2016 23:18:37 GMT
Pretty much anything against the USD is benefitting from Greenback weakness, which has allowed NZDUSD trade to a 10 month high. The question now is if it can break to new highs and out of the complex correction.
Published: Thu, 04 Feb 2016 02:44:20 GMT
Whilst Crude's equivalent remains at high reading we know that, historically speaking, it cannot stay there forever. So whilst the current shakeout persists we can plan how to react when volatility drops and a trend is created.
Published: Thu, 04 Feb 2016 01:45:35 GMT
After repeated failed attempts to break 100 the dollar finally rolled over following weak ISM data and dovish comments from FED officials.