NZD/USD slides to four-month lows, around 0.6975 region

NZD/USD slides to four-month lows, around 0.6975 region

2021-03-23

  NZD/USD continued losing ground on Wednesday and dropped to fresh multi-month lows. The NZ government’s overnight announcement to curb housing prices weighed on the kiwi. The risk-off mood benefitted the safe-haven USD and contributed to the ongoing downfall. The NZD/USD pair remained depressed through the Asian session on WednesdayRead More →

USD/JPY tumbles to 2-day lows near 108.80

USD/JPY tumbles to 2-day lows near 108.80

2021-03-16

  USD/JPY looks weaker below the 109.00 hurdle. US Retail Sales surprised to the downside in February. US Industrial Production contracted more than expected. The corrective downside in US yields lends some buying interest to the Japanese yen and drags USD/JPY back below 109.00 the figure on Tuesday. USD/JPY looksRead More →