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...

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),...

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...

New Zealand GDP report affects NZD/USD pair

New Zealand GDP report affects NZD/USD pair Market new: On Tuesday, September 18, at 22:45 GMT, New Zealand released the second quarter (Q2) gross domestic product (GDP) data. After New Zealand’s GDP exceeded expectations, the New Zealand dollar/US dollar...