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NZD Back Down After Two Day Streak Of Gains

The New Zealand Dollar has been relatively stable over the past few days, owing to a lack of major global news. Countries around the world are beginning to stabilise their rate of coronavirus infections, after entering various states of lockdown....

Pound, Yen Both Poised to Drop

UK Prime Minister Boris Johnson has now been placed in intensive care, following an admittance to hospital just a few days prior. For now his duties have been taken over by Foreign Secretary Dominic Raab. While a spokesperson from 10...

NFP Release Non-Event

On Friday, the Non farm payroll data was finally released for the month of March. From the 8th-14th March, 701,000 jobs were lost in the United States, far exceeding predictions of 100,000....

Jobless Claims Double Again

Yen Appreciates for Third Day

Despite a drop in the Nikkei 225, Japan’s stock index, the Japanese Yen has seen 3 straight days of gains now against the US Dollar. In contrast, the Nikkei dropped back below 18,000 points, a one week low....

Where Has All The Gold Gone?

Key Events To Look Out For This Week

As we enter a new week of trading, here are the key events to watch out for which will affect the markets....

US Stocks Set To Reverse As Jobless Claims Break Records

This week’s jobless claims data has hit unprecedented numbers. The number jumped to 3.28 million. Initial expectations of 1-1.5 million, which was still a very high estimate, were blown out of the water....

NZD, AUD Claw Back Up Amid Weakening US Dollar

The New Zealand Dollar is fighting it’s way back up as the country enters it’s first official day of nationwide lockdown. It posted a 0.67% gain for the trading day, up to 0.58390 cents against the US Dollar. Just a...
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