Breaking News: Kiwi Plunges After RBNZ’s Surprise Cut of 50bps

[fa icon="calendar'] August 7, 2019 at 3:44 PM / by Fullerton Markets posted in Breaking News, 2019

After the surprise cut of 50bps, RBNZ Gov Orr hinted at negative rates amid worsening trade conflict and darkening global outlook. NZD/JPY could head towards 65.30.

Sneak Peek: RBNZ Could Signal Further Easing Amidst Trade War Escalation

[fa icon="calendar'] August 6, 2019 at 4:28 PM / by Fullerton Markets posted in Sneak Peek, 2019

RBNZ could hint that they are looking for further easing amidst escalation of the US-China trade war. NZD/JPY could fall further.

Two Factual Errors Nn U.S. Report On China FX Manipulation

[fa icon="calendar'] August 6, 2019 at 4:00 PM / by Jimmy Zhu posted in Media Updates, 2019

Chief Strategist Jimmy Zhu discusses in this CGTN report why the US Treasury department’s decision to label China as a Forex manipulator is a symbolic move without much implication.

Could the Trade War be Trump’s Final Card?

[fa icon="calendar'] August 5, 2019 at 2:44 PM / by Fullerton Markets posted in Weekly Market Research, 2019

Trump could be dragging the trade war until the 2020 US elections before withdrawing to boost vote numbers. Gold could potentially rise higher as risk-off sentiments continue to increase.

Sneak Peek: Can a Stronger NFP Save the Dollar?

[fa icon="calendar'] August 2, 2019 at 4:51 PM / by Fullerton Markets posted in Sneak Peek, 2019

With risk sentiment shifting towards risk-off, a stronger NFP will only provide a better short entry. USD/JPY could break critical support at the 106.80 price level.