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Thursday, July 4, 2024

European Markets Wrap-Up: NZDUSD Technical Analysis – The US Dollar remains on the backfoot

NZDUSD Technical Analysis – The US Dollar remains on the backfoot

Fundamental Overview The USD yesterday weakened across the board following soft US Jobless Claims and ISM Services PMI reports. Overall, the data didn't change much in terms of interest rates expectat... 

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USDCAD Technical Analysis – We are back to the bottom of the range

Fundamental Overview The USD yesterday weakened across the board following soft US Jobless Claims and ISM Services PMI reports. Overall, the data didn't change much in terms of interest rates expectat... 

Bitcoin drops again, faces mounting technical pressure

Bitcoin (BTC/USD) daily chart After what looked to be a hold of the $60,000 mark has quickly turned ugly for Bitcoin. The cryptocurrency dipped in trading yesterday and is continuing that drop today u... 

ECB's Lane: Wage tracker shows much lower wage growth in 2025 and 2026

Firms are telling us that wage pressures are coming down In other words, he's trying to maintain the narrative that they believe inflation will continue to ease going into next year. And more importan... 

EURUSD Technical Analysis – Weak US data weighs on the greenback

Fundamental Overview The USD yesterday weakened across the board following soft US Jobless Claims and ISM Services PMI reports. Overall, the data didn't change much in terms of interest rates expectat... 

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FX option expiries for 4 July 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for NZD/USD at the 0.6130 level. It isn't one that holds any technical significance but could play a role in keeping a... 

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