| EURCHF Range will Come Under Pressure this Week (Daily FX) Congestion for EURCHF is more a product of natural fundamental ties rather than even-handed market forces or frequented technical levels. Switzerland?s heavy dependence on the Euro Zone for growth and market policy guidelines are clear from an economic standpoint; and therein lies a naturally buffer to high volatility that may develop from risk trends. us.rd.yahoo.com |
Yen Trades On Technical Levels As Fundamental Factors Lose Influence (Daily FX) The Yen reached an eight month high against the dollar before sharply reversing after hitting trend line support. Technical levels have started to increase in importance as the USD/JPY has started to lose its correlation to fundamental factors. us.rd.yahoo.com |
US Dollar Bid off of Low; New Zealand Dollar below Trendline (Daily FX) The US dollar index traded at a 16 month low yesterday but has rallied to signal that selling pressure may be exhausted. The NZDUSD is back below a trendline, which is also USD bullish. us.rd.yahoo.com |
Aussie catch up no small feat The 2025 Taskforce faces a huge challenge to achieve its aim of closing the income gap between New Zealand and Australia over the next 16 years.The taskforce, chaired by former National Party leader Don Brash, estimates that closing... nzherald.co.nz |
Bank hits the spot with CPI forecast Consumer prices fell 0.2 per cent overall in the December quarter and economists see nothing in the measures of core inflation to spook the Reserve Bank into revising its view that it will be "around the middle of the year" before... nzherald.co.nz |