Tags » NZD

Dollar Rises to 7-Year High Versus Yen on Fed Rate Bets

The dollar rose to a seven-year high against the yen as signs of strength in the U.S. economy backed speculation that the Federal Reserve will increase interest rates next year. 438 more words

Market Commentary

Daily forex analysis 4-Nov-14

My NZDCAD trade was closed as a result of my stoploss being reached, this trade resulted in a loss of 60 pips.

What to watch on 5-Nov: 12 more words


Daily forex analysis 3-Nov-14

I made one trade on this day which was to Sell NZDCAD at 0.87658. This position moved in my favour initially however new demand for… 39 more words


Daily forex analysis 20-Oct-14

NZDJPY gapped up to start the week and triggered my stoploss to close for a loss of 85 pips.

No other trades were opened or closed throughout the day. 15 more words


Daily forex analysis 17-Oct-14

Not much to report today.. My NZDJPY trade remained opened and in a losing position. I have altered my profit target for this trade as it appears to be fairly range bound and unlikely to hit my initial target. 45 more words


Daily forex analysis 16-Oct-14

This was another quiet day for me (as has been the norm recently), my NZDJPY trade remained open throughout the day. At one point this trade was open an in profit for over 70 pips, however by the end of the day it had moved back into a losing position. 42 more words


Daily forex analysis 15-Oct-14

I made a discretionary GBPUSD short trade, selling at 1.58939. However the USD was sold heavily late in the day after weak US Retail Sales and PPI numbers were released and this trade was closed for a loss of… 70 more words