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The US dollar rebounded from a 3-1/2-year low on Thursday after the Fed lowered interest rates by 25 bps as expected. Meanwhile, the Australian dollar fell following the latest data release. Australian employment unexpectedly fell in August as full-time positions slipped after a sharp rise in the pr

The New Zealand dollar firmed on Thursday as traders fretted about the Fed's independence after yet another attack from Trump on Chair Powell who will speak at the Jackson Hole Symposium later this week. Trump called on Fed Governor Lisa Cook to resign on the basis of allegations made by one of his

Asia Market Update: Mixed equity session seen; Nikkei 225 trades cautiously as traders assess the BOJ’s recent move. General trend - Is the BOJ’s recent YCC move preparation for normalization or just an operational adjustment? - JGB yields continue to rise. - USD/JPY has been relatively quiet. - NZD

The Australian and NZ dollars climbed against their major counterparts in the Asian session on Thursday, as Chinese authorities promised to implement measures to boost growth and property market next year. China's State Council, People's Bank of China and the country's top securities regulator condu

NZDUSD is moving quite nicely to the downside, so this is a good time to start looking for opportunities to sell. As can be seen in the chart I am waiting for the right shoulder to form to enter sell positions. Potential Head & Shoulder pattern approaching. I have 2 targets for this pair-1 short