May 8, 2015
Non-Farm Payrolls for March was a disappointing one; it came below expectation (126,000). it has since put some downward pressure on the US dollar. The poor figures were blame on unfavourable weather condition and strong US –dollar also affected economic growth However, the NFP outlook for the month of April is expected to be better… View Article
May 6, 2015
New Zealand employment figures were below expectation. This puts more downward pressure on the NZD pairs. Employment change came at 0.7% versus 0.8% expected. Unemployment figures also show 5.8% versus 5.5% expected. All these figures further confirm the already existing selling pattern. A strong NFP figures on Friday will put the NZDUSD in the lows…. View Article
May 5, 2015
The Reserve Bank of Australia earlier this morning cut interest rates as expected from 2.25% to 2.00%. The Bank Governor in his statement was neither dovish nor hawkish. He reiterated the fact that the economy will probably be operating at space capacity for some time. He also highlighted that the fact that impact of positive… View Article
May 1, 2015
The UK general election is just around the corner, it comes up on the 7th of May. This is the most unpredictable election in recent times; it is too close to call. The leading parties are Labour and conservative without any clear majority at the moment. This has created so much uncertainty in the market… View Article
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