NZD/USD accomplishes and closes below key SMA

There is a downside risk in NZD/USD implied by a rate cross below the 200-period SMA on a 4hr resolution.

Having traded above the key moving average for over 15 trading days at least, the signal should open the gates for move towards the 800-SMA.

Aug 8, 2017

Fed not to hike until December, but wages set to rise - Scotiabank

For the months ahead, analysts at Scotiabank explained that they expect the Fed to hold back on another rate increase until its final meeting of the y

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Aug 8, 2017

ZAR: Zuma hangs on, president survives no confidence vote - ING

Chris Turner, Global Head of Strategy at ING Bank explained that the result of today’s No Confidence ballot in the South African parliament was 177 vo

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