S&P raises New Zealand outlook to positive, NZD/USD adds 24 pips

The NZD/USD pair jumped 24 pips to a session high of 0.6824 after the ratings agency S&P raised New Zealand outlook to positive from stable and left rating unchanged at AA.

As of writing, the currency pair is trading at 0.6910.

Jan 31, 2019

EUR/JPY remains below key 61.8% Fib despite Fed-led risk rally

The EUR/JPY cross is not impressed by the Fed-led risk rally. The currency pair is still trading below 125.27, which is the 61.8 percent Fibonacci re

Chinese equities and Yuan seen higher in coming months – Morgan Stanley

Analysts at Morgan Stanley offer some optimistic remarks on the Chinese Yuan amid hopes of the US-China trade resolution. Key Quotes: “Macro communi