New Zealand posted a seasonally adjusted current account deficit of NZ$1.826 billion in the second quarter of 2016, Statistics New Zealand said on Wednesday. more...
Australia posted a seasonally adjusted merchandise trade deficit of A$2.410 billion in July, the Australian Bureau of Statistics said on Thursday - a 26 percent improvement over the previous month. more...
Trading the News: European Central Bank (ECB) Interest Rate Decision Even though the European Central Bank (ECB) is expected to retain the zero-interest rate policy (ZIRP) in September, a string of adjustments to the non-standard measures may trigger a near-term selloff in EUR/USD should the central bank take additional steps to support the monetary union. What’s Expected: Why Is This Event Important: ...
Australia's gross domestic product climbed a seasonally adjusted 0.5 percent on quarter in the second quarter of 2016, the Australian Bureau of Statistics said on Wednesday. more...
"No matter what the economic data is, the EURUSD is having a hard time falling. Actually, it is being bought on each and every dip and people wonder if it isn’t a wise decision to actually buy the pair and hold the position instead of shorting it. The EURUSD outlook looks bearish, though." "EURUSD Bearish on Bigger Time Frames. The reason why the EURUSD is not falling (yet!) is not that the pair ...
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