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NZD/USD: Tactical support eyed near 0.5630 – DBS
DBS Group Research’s Philip Wee expects the Reserve Bank of New Zealand to keep policy on hold at its April 8 meeting, looking through energy-driven inflation. He notes Governor Anna Breman’s conditional hawkishness if inflation expectations de-anchor.
Fxstreet
Tue, Apr 7
GBP/JPY Price Analysis: Bulls broke the 211.50 resistance area
The Pound (GBP) trades higher against the Japanese Yen (JPY) for the second consecutive day on Tuesday. Bulls have pushed the pair above the top of last week’s trading range, at the 211.50 area, reaching fresh April highs above 211.65 at the time of writing.
Fxstreet
Tue, Apr 7
GBP/USD Price Forecast: Tests 1.3250 near nine-day EMA barrier
GBP/USD holds its position after registering over 0.25% gains in the previous day, trading around 1.3240 during the early European hours on Tuesday. The technical analysis of the daily chart indicates a persistent bearish bias, as the pair moves lower within the descending channel.Fxstreet
Tue, Apr 7
USD/CHF gains ground to near 0.8000 on Fed-SNB policy divergence
The USD/CHF pair gathers strength near 0.7990 during the early European trading hours on Tuesday. The Greenback edges higher against the Swiss Franc (CHF) on a widening monetary policy divergence between the US Federal Reserve (Fed) and the Swiss National Bank (SNB).
Fxstreet
Tue, Apr 7
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