
Currency snapshot (commodity pairs)
Aug 09, 2016 13:32 pm UTC| Commentary
Dollar index trading at 96.37 (-0.01%) Strength meter (today so far) Aussie -0.02%, Kiwi -0.05%, Loonie +0.02% Strength meter (since last week) Aussie +0.64%, Kiwi +0.11%, Loonie +0.12% AUD/USD Trading at...

Currency snapshot (major pairs)
Aug 09, 2016 13:24 pm UTC| Commentary
Dollar index trading at 96.43 (+0.05%) Strength meter (today so far) Euro -0.05%, Franc -0.06%, Yen +0.17%, GBP -0.53% Strength meter (since last week) Euro +0.05%, Franc -0.38%, Yen -0.45%, GBP -0.65% EUR/USD...
New Zealand's economic growth likely to remain firm for some time
Aug 09, 2016 13:08 pm UTC| Commentary
In recent years, the New Zealand economy has expanded at a robust rate, while the jobless rate has dropped to 5.2 percent. But despite this, there is no upward pressure seen on consumer prices or wages. Economic activity...
Brazil’s July inflation likely moderated to 8.81 pct, expected to continue to fall this year
Aug 09, 2016 13:06 pm UTC| Commentary
Brazils IPCA inflation has slowed to 8.84 percent in June from Januarys 10.71 percent as housing inflation collapsed to 7.38 percent due to a strong base effect. The slowdown in inflation took place despite the fact...
FxWirePro Short Term Outlook: Pound likely to test 1.26 in the near term
Aug 09, 2016 12:51 pm UTC| Commentary
Recent strength in the dollar and a comprehensive easing package from the Bank of England (BoE) have been taking their tolls on the pound sterling which has once again dropped below 1.3 against the dollar. The pound has...
FxWirePro Short term outlook: Buy gold targeting $1400 area in the near term
Aug 09, 2016 12:31 pm UTC| Commentary
We, at FxWirePro, have remained long in gold since $1060, though we missed some of the pips on its way to current price. We can review some of our previous calls here,...
CAD likely to be at lower levels in short term, but to strengthen in medium term
Aug 09, 2016 12:29 pm UTC| Commentary
The Canadian dollar has been dragged down in the beginning of 2016 by the renewed decline in the oil price. But the currency has been able to gain some ground since January. The Canadian dollar has also benefited against...