NZDJPY, H4 & Daily The New Zealand dollar is gaining ground this week against the Yen and the US Dollar. The overriding theme has been Yen weakness, which has been subject to a safe-haven premium unwind following the US invitation to senior Chinese officials for fresh trade negotiations, and also the higher Oil prices. The NZDJPY crossed yesterday into the...
USOil, Daily and Weekly USOil has fallen to one-week lows of $68.61, retreating from the near two-month high of $71.40 that was seen on the approach of tropical storm Gordon to Gulf of Mexico energy infrastructure. The storm unexpectedly weakened before making landfall, resulting in no reported damage to rigs. While the storm shut-in 9% of U.S. production, output...
The old English saying, derived from the Bard himself, and the Merchant of Venice, has summed up the last three months for the precious metal. XAUSD closed below $1220 on Wednesday for the first time since June 2o17, and then yesterday closed below a key weekly support area at $1212.00 . A close below here today will add to the already significant bearish...