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Current Economic Currency Data and News

Currency 24 hour market exchange rates:


[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]


Headlines in the Currency Markets:


Short-Term Forex Technical Outlook: NZD/USD (Daily FX)
The New Zealand dollar weakened against the greenback this week following the rise in risk aversion, and the high-yielding currency may continue to face selling pressures over the near-term as investors remain fearful of a protracted recession in the global economy.

Post of the Day: Old Support Becomes New Resistance (Daily FX)
Student’s Question: I am still on not clear on how old support becomes new resistance?or vice versa. Help!

US Dollar Range to Yield to Bullish Momentum Against Major Currencies (Daily FX)
The US Dollar has been consolidating in narrow ranges against the major currencies, but positioning is favoring a stronger greenback as the breakout materializes. We maintain our short exposure against the Euro, British Pound and Australian Dollar, adding a new trade selling the New Zealand Dollar against its US counterpart.
 
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