Forex Consulting

NZD/USD pares gains as commodity currencies slip

The pair is now falling below key resistance levels at the start of the day NZD/USD is now trading at 0.7103 (briefly hit there, now at 0.7109) – falling below the 50.0 retracement level at 0.7107 that capped gains over the past two trading sessions. Nearby, there’s also the 200-day MA sitting at 0.7106 which…

Forex Consulting

Singapore – Q4 2017 GDP data

The preliminary data for the October to December quarter in Singapore +2.8% q/q (annualised, seasonally adjusted) … a miss – expected +2.9% (Reuters poll) More (Headlines via Reuters): Copyright 2015 Forexlive.com