Market Reviews

NZDUSD stages recovery

NZDUSD stages recovery

NZDUSD stages recovery News Summary: US ADP is lower than expected. That makes USD's broad weakness. NZDUSD currency pair get profit because of that. For the global trade trend, US-EU trade tension leads to an escalation of global trade threats the US ISM...

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Australia Interest Rates

Australia Interest Rates

Australia Interest Rates During the September meeting, the Reserve Bank of Australia lowered its’ official cash (OCR) rate for the third time this year, to a new record low of 0.75 percent, cutting rates by 25 bps. The Reserve Bank has stated the rate cut has been to...

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Is the Market Bored with Brexit?

Is the Market Bored with Brexit?

The Supreme Court ruled that the decision of Boris Johnson to prorogue Parliament this month lacked reasonable justification, strengthening the pound. However, the Pound sterling has still been under fresh pressure on rising concern over the Brexit limbo. The PM Boris...

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Oil Supply Concerns

Oil Supply Concerns

Supply concerns resurfacing causes oil prices higher  After a sharp rise on Monday, crude oil prices experienced a deep recovery on Tuesday and Wednesday, and West Texas Intermediate (WTI) fell by nearly 6% during this period. However, on Thursday (September 19),...

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GBP/USD Surges Above 1.25

GBP/USD Surges Above 1.25

GBP/USD above 1.2500 European Commission President Juncker told the UK on Thursday (September 19), "We can reach an agreement on the Brexit." According to British Sky News, Juncker believes that the Brexit agreement can be confirmed by October 31. Juncker said that...

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FED Rate Decision

FED Rate Decision

  The Federal Reserve cut interest rates   The Fed announced its monetary policy decision at 18:00 GMT on September 18. Jerome Powell held a press conference at 18:30 GMT. Market news: After a two-day policy meeting, it is widely expected that the Fed will...

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