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RBNZ Shift To Dovish, Kiwi Keels Over

March 26, 2019 9:57 PM
Stating that the next OCR direction is likely to be down, RBNZ crunched their way out of the neutral gear whilst NZD traders burned rubber towards the exit.

GBP/USD Traders React to Latest Brexit Developments: ¯\_(ツ)_/¯

March 26, 2019 1:57 PM
Over 1,000 days after the UK narrowly voted to leave the European Union, it’s still not remotely clear how the new relationship will look, who is in charge…and even whether the UK will leave at all!

USD/JPY RALLIES INTO KEY RESISTANCE

March 26, 2019 1:34 PM
The rebound at the start of this week for major stock averages has undermined some safe haven assets such as gold and Japanese yen, following Friday’s sharp moves.

Precious metals stuck between a rock and a hard place

March 26, 2019 9:11 AM
On the one hand, the falling bond yields and the recent stock market weakness should be good news for the so-called safe-haven assets. On the other hand, concerns over economic growth is lowering expectations over physical demand for the metals.