New Zealand Dollar is off more than 2.4% from the December highs with Kiwi now targeting confluence support. Here are the levels that matter on the NZD/USD weekly chart.
A stark change in tone from the BOC from just earlier this month caught traders by surprise, sending the Canadian Dollar tumbling across the board.
All currencies are not the same; emerging market FX trades differently than developed market FX.
GBP/USD back on the rise as post-election data quells rate cut expectations. EUR/USD fails to find boost as Italian fears resurface. CAD looks to BoC
Euro and USD markets are quiet; but traders should look to avoid being lulled to sleep by a lack of vol as a change at the ECB can bring big impact.