Forex

Is the AUD still a short as it heads to 73 cents?

The AUD is currently on the radar of a few account managers at BlackBull Markets. Being based in New Zealand, our closest neighbour's currency is a reasonably popular instrument to follow. News affecting the AUD will typically circulate the office...

Has the AUD peaked in 2021?

Has the AUD peaked in 2021? What things might we consider when evaluating where the AUD will move in July and beyond? Volatility has definitely subdued in the pair, as the worst of the pandemic is likely behind us. For...

High Impact Forex: What To Watch This Week (June 21-25)

The markets are (possibly) set to be as choppy this week as much as they were last week. The choppiness could materialise as two major Central Banks of the world take the spotlight. On Tuesday, the US Central Bank will...

GBPJPY: Where is the pair headed mid – 2021?

1 GBP is currently trading at ~155 JPY, which is an important touchstone for the pair. The GBPJPY last touched (and notably rejected) this level in December of 2017. An important question to ask is: Where is the pair headed...

Biden’s Six Trillion-Dollar MAGA Budget

The six trillion-dollar budget is a truer ‘Make America Great Again’ budget than anything that has been seen in quite some time. The Biden Administration has opted not to set out an adversarial position of ‘America First’ and isolationism like...

USDZAR: Is the South African Rand set for a reversal?

The Rand has chipped away at the USD for the better part of a year, resulting in a currency exchange rate of 14.14 ZAR per USD. The pair has begun uncomfortably consolidating in a range, with wicks indicating quite a...

What does the Reserve Bank of New Zealand think about house prices?

The rise in New Zealand house prices over the past 12 months has been extraordinary. As a result, Finance Minister Grant Robertson has moved to increase the scope of the Reserve Bank's concerns. Moving forward, the Reserve Bank must consider...

O Canada: Where might the Canadian dollar head this week?

The Canadian Dollar has run up big gains against its trading partners in the past two weeks. A Hawkish Central Bank and high commodity prices have incentivized Canadian bulls. As a result, the CAD recently reached three-year highs against the...

What to watch this week: Central Banks, GDP, and Confidence

Several reports are arriving this week that are of interest to forex and CFD traders. The USD, against major trading partners, could be materially affected by the Monday’s report on Orders of US-made Durable Goods. The rest of the week...
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