The NZD Dollar opened yesterdays Asian session around the 0.6850 level and found itself being dragged lower as the day went on, markets shifted their focus on the US-China trade talks and with China being one of the largest NZ customers the pair felt the pressure. Things didn’t change much…

Early this morning DXY couldn't make any decisive move as there were mixed data from the U.S. The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is…

Keir Starmer has warned that Theresa May is running down the clock in the Brexit talks with the EU, following his private discussions with the prime minister’s counterparts in the negotiations. During his visit to Brussels, the shadow Brexit secretary said conversations with key EU officials confirmed his fears that…

The pair had been declining for the past few days and managed to find a strong support on the ascending channel testing the last week low zone. Bulls tried boosting up in today's European session where they can lock the position with minimum risk, expecting further upside movement after the…

Washington DC closes as a winter storm hit the Washington region Wednesday, starting with a range of 1.5 inches to 4 inches of snow falling in the morning and changing by midday to sleet, with reports of thundersnow in parts of Western Maryland. As Federal Government is closed for the…

EURJPY was expecting to reach February First week high last night but failed to reach the target. Bears managed to change the market situation today after reaching the 125.900 neighborhood. As of writing, currently pausing at 125.600 hourly support barrier, EURJPY is expected to slide further downside en route reaching…

Gold markets broke higher during the trading session on Tuesday, clearing the $1325 level, sending the market towards the $1350 level. At this point, there is a lot of noise extending to the $1350 level, so although this is a very bullish looking candle,it would not be surprised to see…

The British Pound (GBP) trades near 1.3055 versus the US Dollar (USD) heading towards European open on today. The pair struggle to extend previous moves as investors await details of the meeting between the UK Prime Minister Theresa May and the EU Commission chief Jean-Claude Juncker. The pair is now…

Junior business minister Richard Harrington earlier in the day said that he did not believe that there would be a no-deal Brexit. Furthermore, Prime Minister Theresa May's spokesman told reporters that the PM was still looking to reopen the withdrawal agreement and added that tomorrow's meeting between the EU's Juncker…

A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said on Monday. The talks follow a round of negotiations that ended in…