New Zealand Dollar Analysis: NZD/USD Energy Builds After Positive Economic Data

NZD/USD momentum appears primed to continue following an upbeat building permits figure showing a 17.9% month-over-month rise for March.

from DailyFX – Market News https://bit.ly/3tpBf1X
via IFTTT

Crude Oil Price Outlook: WTI Peels Back from Year-to-Date Highs

Crude oil price action is struggling to take out technical resistance near the $66.00-handle as India, the world's third largest oil importer, grapples with a worsening covid-19 outbreak.

from DailyFX – Market News https://bit.ly/3f09K9U
via IFTTT

USD/BRL Points Lower as Brazil's Central Bank Raises Selic Rate to 3.5%

In a widely expected move, the Brazilian Central Bank increased the Selic rate by 75 basis points to 3.5% as the country looks to combat hotter than expected inflation.

from DailyFX – Market News https://bit.ly/3umT8jm
via IFTTT

Stock Market Forecast for the Week Ahead: Reflation Trade Reignited

Equity traders have had their hands full this week as they juggle various influencers ranging from macroeconomic themes, seasonality and earnings season. Amidst the chaos, a popular trade has retur…

from DailyFX – Market News https://bit.ly/3eZdetd
via IFTTT