Forex Strategies

Daily FX Update

Markets are volatile and flows are moving rapidly towards risk havens.

Today’s highlights: EURJPY has completed a bearish “outside day” and

The NZD sits mid-pack amidst a broad (but mild) USD rally, as poor risk sentiment continues to reign.

Today’s highlights: EURUSD continues to try to build a near-term base.

The NZD drifted off its highs on Friday night, and closed 0.5% lower against the USD just below 0.7780.

Crude oil fell to fresh lows, the German 10‐year drops to fresh record lows

Today’s highlights: EURUSD continues to try and build a near-term base.

The NZD surged higher after the RBNZ meeting yesterday morning,

The USD is mixed into the open. The Asian and European sessions were central bank focused

Today’s highlights: EURUSD appears to be forming a bull “wedge”,

The NZD popped more than 100pts higher after the RBNZ MPS,

The NZD has traded a fairly tight range over the past 24-hours to sit at 0.7710 currently.