Open trading account 
RBNZ left the official cash rate unchanged at 1.75%. Rate statement was neutral with no sign of an imminent rate hike. They expect the trade weighted exchange rate to ease over the projection period. That means lower New Zealand dollar - or less need for hikes. On equities they say: "Equity markets have been strong, although volatility has increased recently."
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After Bullish, EUR/USD will have a resistance
Actually, EUR/USD is considered as the most famous currency pair in the world of exchange rate. Since the currency pair is used to trade on the international economy, the pair was influenced by a considerable volatility as the world has usually faced multiple events of volatility.
From March 2017 until September 2017, the pair goes on bullish trend [from 1.0600 to 1.2000]. This September, it has reached at 1.204486 (near by its highest point).
Can we quickly expect to see another great bearish as…
From March 2017 until September 2017, the pair goes on bullish trend [from 1.0600 to 1.2000]. This September, it has reached at 1.204486 (near by its highest point).
Can we quickly expect to see another great bearish as…
Here is an idea for Dukascopy Bank Take a break from the falling pound … you can still minimise your holiday costs
ritish families heading to the sun for two weeks this summer will face a depressing sight when they look at the currency tables. This time last year, £1 bought about €1.30 – almost 12 months after the Brexit vote that same pound buys just €1.15. For those who have not retreated and opted for a “staycation”, the annual break in continental Europe could now cost significantly more.So what are the best ways for holidaymakers to save money and avoid unnecessary expenses?ADVERTISINGTravelex to withdr…
Economic Research: Forecasting Models for Exchange Rate
Full report
The science of prognostics has been going through a rapid and fruitful development in the past decades, with various forecasting methods, procedures and approaches flooding the economic world. It is estimated that there are more than 100 prediction methods, and sometimes the diversity makes it difficult to choose the one that would do the trick. In our new research we try and compare a few of the most popular techniques, and see if they are in fact suitable for forecasting currency e…
The science of prognostics has been going through a rapid and fruitful development in the past decades, with various forecasting methods, procedures and approaches flooding the economic world. It is estimated that there are more than 100 prediction methods, and sometimes the diversity makes it difficult to choose the one that would do the trick. In our new research we try and compare a few of the most popular techniques, and see if they are in fact suitable for forecasting currency e…
Rba rate decision #3
The Rba's rhetoric is nothing more than that. The interpretation of 'uncomfortably high' could simply mean: 'Yes, it hurts but we accept the pain." Unless they actually come up with a way of lowering the uncomfortable Aud exchange rate, Aud is going up to parity with no problem.