Tag Archives: Share Trading

The US Dollar reversed gains on Thursday after US President Donald Trump said he is not happy with interest rates going up, saying they are helping China.

GBP/USD traded below a key level this morning, albeit briefly. And with a rate hike out of the BoE in two weeks no longer looking so likely, the prospect of a deeper bearish move in the pair continues to exist.

The New Zealand remains locked in a well-defined down trend against its US counterpart despite over two weeks of sideways consolidation.

U.S. markets have been in summer rally mode this month, will a dip be a good buying opportunity?

The sharp weakening of the rand yesterday see’s the USD/ZAR breaking out of a short term wedge consolidation, to resume the short term uptrend in line with the longer term uptrend

USD surge since mid-April may have run its courses as Trump signals displeasure, while large USD long positioning suggests there is scope for only a modest push higher.