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EUR/USD Analysis

The pair traded a low of $1.3220 on Friday in the US after Yellen’s Jackson Hole speech but started this morning on

ECB’s easing measures revisited

Last week’s rally stalled ahead of the 200-DMA Thursday before dipping to test the 21-DMA on Friday.

The pair opened at Y104.27 this morning, gapping higher after last Friday’s Y103.94 close.

The pair closed in NY Friday at $1.6572 after rate continued to consolidate Wednesday’s (Aug20) break below $1.6600,

There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to

Gladstone and Australia Pacific LNG projects are on track and on budget.

NZD/USD Outlook: Down this week The decline in NZD/USD, which started on 10 July from 0.8836,

After the impulsive run, the USD (DXY) will likely retreat at least to 81.50;

Bears take some comfort in the lack of topside follow through following fresh highs for the week and the proximity of the Bollinger band top.

The events of the last week reinforced the message thatconditions for the New Zealand economy have softenedsince the start of the year.

Following the aggressive bounce Thursday the AUD/USD managed a spike above the 21-DMA ($0.9318) to end the week but