Latest Forex Research

Great expectations – What drives the New Zealand dollar

The fall in the New Zealand dollar since Julyhas been appropriate to the softening in globalconditions this year.

The NZD sits at a similar level, around 0.7800, thismorning.

The sell-off continued Wednesday with the AUD/USD coming within a couple of pips of the 2014 low before

The Euro remains in a downdraft on its charts but talk of possible intervention in support of the Euro by

News of the weakest Swiss manufacturing PMI in 1 1/2 years and a reading that is just barely above the

Tankan survey readings show almost no improvement in the Japanese economic track.

The Dollar has managed to remain in vogue despite some US data this week that some might consider to be disappointing.

The US Dollar is just too strong and many of Canada’s trading partners

The negative economic news continues to flow with UK manufacturing PMI disappointing the trade and

Regional PMIs surprise on the upside The Russian ruble hits record low Purchasing Manager’s Indices surprised positively in Hungary

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirmingpersistent strong selling pressures.

The September PMI report for the manufacturing industry came in somewhat better than expected in September.