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Daily Archives: July 4, 2017

FxWirePro: bullish DMA crossover intensifies WTI Crude bull swings but restrained at stiff resistance, major trend seems fragile as bears break below triangle base

  Interim bearish swings in consolidation phase are coupled with both leading and lagging oscillators. Amid the mild downswings for the day, bulls are on the verge of hitting 4-weeks highs. Bulls manage to break-out major resistances at 45.33 levels, consequently, expect more rallies on bullish DMA crossover, both leading …

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FxWirePro: NZ swap yields spike faster than USTs, NZD flies faster than JPY – Options straps to arrest FX risks

  The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on June 21st, 2017, as widely expected. The central bank left the monetary rate unchanged for the fourth straight meeting. Policymakers underscored that major challenges remain with persistent surplus capacity and …

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Americas roundup: Dollar rebounds on higher U.S. yields, upbeat factory data, Gold hits 7-week low, Oil rises more than 2 pct as U.S. Crude output slows, friday’s U.S. jobs report in focus-july 4th, 2017

Market Roundup • US Markit Mfg PMI Final Jul 52.0, 52.1 previous. • US Construction Spending MM May 0.0% vs 0.3% forecast, -0.7% previous. • US ISM Manufacturing PMI Jun 57.8 vs 55.2 forecast, 54.9 previous. • US ISM Manufacturing Employment Index Jun 57.2 vs 53.3 forecast, 53.5 previous. • …

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