NZD keeps rallying for the fourth day
NZD/USD has broken the marked downtrend that has been lasting for a month. Recently, it reached levels unseen since December 2019. What are the reasons?
Tag - usd
GBP/USD: the question of 1.33
GBP/USD comes to challenge the 2-year resistance. Will it cross it?
What drives the market on August 28?
The USD dipped down after the dovish Fed statement, while riskier currencies surged. Let's have a closer look.
August 28: dovish Fed statement
The Fed made a dovish statement yesterday. As a result, the US dollar dipped down, while riskier currencies and stocks significantly rose.
Economic confidence for the Eurozone is expected to rise slightly in August
GBP/USD is now testing the key resistance at 1.32605.
August 27: Heads up to the speech by the Fed Chair Powell
Today we anticipate the speech by the Fed Chair Jerome Powell during the Jackson Hole Symposium.
The positive sentiment in the US equity market continues
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
European markets traded slightly higher on Wednesday
The USD/JPY pair is about to exit the Kumo. If that happens, a new bullish sentiment is in force.
USD/CAD dropped to January’s levels
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
AUD is in focus
Follow the Australian private capital expenditure report on August 27 at 4:30 MT time!
All eyes on USD
US unemployment claims and GDP will be released on August 27 at 15:30 MT time!
Main market movements on August 26
The stocks rally takes a pause amid the deteriorated sentiment. Let’s discuss what drives the market today.
