USD/CAD stumbles below the 20/100-day EMAs, eyeing 1.3400
US Existing Home Sales continue to deteriorate and weigh on the US Dollar. Retail Sales in Canada dropped, though improved in November, compared with October. Fed’s Patrick Harker supports 25 bps rate hike increases to the Federal Funds rate. USD/CAD is registering moderate losses during the North American session, falling from daily highs nearby 1.3500 […]
NZD/USD trimmed Thursday’s gains, stumbles below 0.6400
NZD/USD finished the week with solid gains of 0.6700%, spurred by softer US CPI data. Consumer inflation expectations in the US edged lower and weighed on the US Dollar. NZD/USD Technical Analysis: Failure at 0.6400, cheered by sellers, eyeing a fall to 0.6300. The NZD/USD retraced after testing the current week’s high of 0.6417, dropped […]