Tag - usd

NZD keeps rallying for the fourth day
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?

August 28: dovish Fed statement
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.

USD/CAD dropped to January’s levels
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.

August 26: USD steady
August 26: USD steady

The session goes relatively quiet, with the USD going mostly steady - time to re-group. The oil price crossed $43, gold is approaching tactical support levels.

August 25: S&P set record high
August 25: S&P set record high

The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Follow the report of US consumer confidence at 17:00 MT time!

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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