Tokyo's main index closes near flat levels in light trading ForexLive Chinese equities are more cheerful today but the rest of the region is rather mixed with little action overall, as investors wait on the Fed meeting on Wednesday before showing any real conviction. The Nikkei is ending the day near flat levels having traded […]
The kiwi leads as markets are a bit more cheerful to start the week ForexLive Movement among major currencies remain modest as we begin the session and despite the kiwi leading gains, NZD/USD trades in a mere 22 pips range so far - currently nearer towards the topside just above 0.6500.
NZD: Kiwi showing signs of trouble after weak PMI data . The production sub levels were even worse, at 46.4, recording its lowest value since since April 2012. This week we have NZD GDP data out on Thursday June 19 and .
As the voting begins today for a new Prime Minister, FX traders are sitting on the sidelines wary of the prospect that the next PM could take the UK out of the European Union without an agreement in place.
European Union ministers are meeting on Thursday night in Luxembourg in order to approve some Eurozone reforms, however, they may struggle to reach a consensus since there are many interests at stake, with many parties involved.
Eduard is joining Refinitiv from FlexTrade, where he served as its FX sales manager for the EMEA region.
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