On Friday, the evergreen buck was generally steady versus the safe-haven Japanese currency, taking in stride the lift in American levies on China’s goods, which came into effect and waiting for the resumption of negotiations between top statesmen of the…
This week NZD/USD tested the lowest levels since October in the area of 0.6525 after the Reserve Bank of New Zealand reduced its interest rate to 1.5%.
The day promises to be quite interesting for USD/CAD. The market awaits the news about the trade talks between the United States and China.
On Thursday, the evergreen buck kept to a six-week minimum against the Japanese yen due to the fact that risk aversion gripped broader financial markets against the backdrop of worries that the US-China trade war could escalate…
The United States will publish the level of its CPI and core CPI on May 10, at 15:30 MT time.
Some fresh analytics for today
The Reserve bank of New Zealand will publish its monetary policy statement and announce an official rate on May 8, at 5:00 MT time.
Trade ideas for May 7
Although EUR/USD has recently tested levels just above 1.11, buyers didn’t let the euro fall lower.
What will happen to markets this week
The week started badly for the market sentiment. Find out why!
Pay attention to the market sentiment today!
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