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A third drop in the GlobalDairyTrade Auction Winning Bid has seen the NZD/CNY exchange rate fall, despite a weak Chinese economy weighing heavily on the Yuan Renminbi. Dairy prices continue to cause ripples in the New…
Trader profit-taking and a pause before the release of the important US Consumer Price Index has allowed the AUD/USD to trend upwards, with the ‘Aussie’ up 0.3% on the ‘Buck’. AUD/USD Exchange Rate Forecast: Australian…
The high-risk New Zealand Dollar is currently trending down across the board as momentum builds towards a US December rate hike by the Federal Open Market Committee (FOMC). The NZD/USD exchange rate is down -1% today and…
In a mirror image of last week’s US Dollar performance, the ‘Aussie’ has shot up against the major currencies after posting jobs change figures that are nearly four-times greater than forecast. US data and Fed speeches…
After some promising UK unemployment data, the GBP/NZD exchange rate has seen positive movement, recovering some ground towards the monthly high which preceded the ‘Super Thursday’ slump. GBP/NZD Exchange Rate Trending…
Euro Hindered by PMI Decline Today, US Dollar Rises on Better-than-Expected ISM Score A major upset has occurred with today’s predictions for the Eurozone Composite and Services PMIs for October; not only have the…
