Japan July Corporate Service Price (YoY) flat at 0.4%

Aug 26, 2013

NZD/USD glued to the 0.78 handle despite worst NZ trade balance year to date

The NZD/USD foreign exchange rate is last trading at 0.7800 round off early session highs at 0.7823 after worse than expected NZ trade balance, showing biggest deficit year to date at -774M vs -18M expected.

USD/JPY bears now eyeing entry on continued rally to 99.69

The USD/JPY bears were thinking a top had been made at just above 98 last Thursday. Their timing and price was obviously off the mark, but their thought process may not have been that crazy.