Technical Forex News

NZD/USD making new highs on the session

NZD/USD is making new highs, taking flight towards key resistance that will see it on the way to challenge last weeks decent. The catalyst of course comes with the RBNZ and fresh bids through Asia. The RBNZ took the OCR 25bps higher for a second consecutive month to 3.00%.


AUD/USD unwinding from oversold conditions

AUD/USD is up 0.06% on the day testing offers at 0.93 following an intraday breakout of 0.9290 resistance,...


USD/JPY − Volumes increasing but little changed

USD/JPY is currently stuck in the 102.50 vicinity, with the pair having recovered from a 102.15 lows...

Peter Fell

NZDUSD: Talk of sizable option strikes at 8650

This is pitifully slow again today, FX markets appear to be in some sort of hibernation, at least...

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Fundamental News

EMEA EM Express: Ukraine unrest continues, Russian debt auction fails

The situation in Ukraine continued to escalate on Tuesday as the authorities in Kiev decided to relaunch the “anti-terrorist” operation against pro-Russian separatists, following reports of two tortured...

Economic Indicators

EMU: Flash PMI Manufacturing beats expectations at 53.3 in April

Preliminary Eurozone PMI Manufacturing grew to 53.3 points in April, from 53 points in March, according...

Central Banks

RBNZ hikes rates to 3%, retains hawkish bias

As widely expected by the market, the Reserve Bank of New Zealand decided to hike its interest rate...


S&P and Nasdaq stopped a 6−day winning streak

Wall Street closed Wednesday with losses as investors' confidence was hurt by a mix set of corporate...


Gold bounces at 1,280; recovery doesn't seem strong

The Gold declined $9 from 1,289 in the early American morning to find support at 1,280 level where...

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FXCM to Present at Citi's Asset Management, Broker Dealer & Exchanges Investor Conference

FXCM Inc. today announces that Chief Executive Officer, Drew Niv and Chief Financial Officer, Robert Lande, will be presenting...