Monthly Archives: August 2018

As the US dollar ticks higher again is the rally resuming?

It is likely that trade tariffs are going to be a dominant theme for the coming days. With US/China talks set to resume this week, the two countries are also expected to formalise a further $16bn of tariffs on each other. The question is whether the (admittedly low level) talks can foster some sort…

NZD/USD Forex Technical Analysis – Weekly Chart Strengthens Over .6621, Weakens Under .6597

The New Zealand Dollar closed higher last week after hitting its lowest level since the week-ending February 19, 2016. The rebound rally was strong enough to produce a closing price reversal bottom on the weekly chart.

For the week, the NZD/USD settled at .6601, up 0.0024 or +0.37%.

Due to the…