New Zealand Dollar (NZD) is facing mild upward pressure and may test 0.5770; a clear break above this level appears unlikely.

The Turkish central bank (CBT) cut the rate corridor by 100bps yesterday, in line with expectations. However, as before, there are clearly contradictions between CBT’s assessment of inflation risks ...

AUD could edge higher to 0.6530; it does not appear to have sufficient momentum to reach 0.6555. In the longer run, for the ...

Euro (EUR) is likely to trade in a range between 1.1590 and 1.1635. In the longer run, downward momentum is building; EUR is ...

The US Dollar is consolidating previous gains on Friday, trading within a 40-pip range, both sides of the 99.00 line, with investors looking from the sidelines ahead of the release of September’s US ...

Pound Sterling (GBP) could test the 1.3295 level; a sustained drop below this level is unlikely. In the longe run, for a ...