Posts By Katherine Wells
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103Forex NewsNZD/USD slides to 0.5860 as New Zealand labor market deteriorates sharply
The New Zealand Dollar fell to around 0.5860 against the US Dollar on Wednesday, down 0.54% on the day, after official data...
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95Forex NewsUSD/JPY Intervention: Why the Yen’s Gains May Be Short-Lived, Commerzbank Warns
The Japanese Yen’s recent surge following a historic joint intervention, which included rare participation from the US Treasury, may not mark the...
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90Forex NewsEuro Recovers Ground After German GDP Surprises to the Upside
The euro trimmed its daily losses against the U.S. dollar on Friday, recovering from earlier session lows after Germany’s preliminary gross domestic...
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97Forex NewsGold Slips as Firmer US Dollar and Hawkish Fed Outlook Pressure Prices
Gold prices fell during the European trading session on Thursday, pressured by a firmer US Dollar and a Federal Reserve that continues...
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96Forex NewsNZD/USD Slides as China PMI Misses Forecasts; US Dollar Rebounds
The New Zealand Dollar fell against the US Dollar on Wednesday, with the NZD/USD pair dropping to 0.6050, after official data showed...
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108Forex NewsYen and Won Surge as Japan and South Korea Stage Rare Joint FX Intervention
Japan and South Korea conducted their first-ever publicly acknowledged joint currency intervention on Wednesday, selling US dollars to support the yen and...
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96Forex NewsDollar’s Post-Fed Slide Extends as Market Positioning Unwinds, ING Says
The US dollar extended its decline against a basket of major currencies on Wednesday, with analysts at ING attributing the move to...
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120Forex NewsBank of Canada Rate Cut Odds Diminish as GDP Surprises to the Upside
The Canadian economy expanded at a faster-than-expected pace in the second quarter, prompting TD Securities to lower its forecast for a Bank...
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101Forex NewsU.S. Treasury Warns Banks of Possible Yen Intervention, Sources Say
The U.S. Treasury has privately cautioned major banks about the possibility of Japan intervening in the foreign exchange market to support the...
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94Forex NewsNZD/USD Price Forecast: Bulls Target 0.6000 After 50-Day SMA Break
The New Zealand dollar extended its recent recovery on Wednesday, with the NZD/USD pair breaking above its 50-day simple moving average (SMA)...
