EMU: Consumer Confidence (flash) improved to -23.30 in April

FXstreet.com (Barcelona) - The preliminary release of Eurozone consumer confidence in April rose from -23.50 to -23.30 instead of falling further to -23.85. Data is at its lowest level since July 2012, -21.5.

Apr 22, 2013

Fundamental Afternoon Wrap: Stagnant markets see retrospective focus

This afternoon´s institutional wrap see´s focus evenly split between GBP, EUR and JPY today, on a day where markets have kept to tight ranges. The UK downgrade by Fitch, the re-election of Italian President Napolitano and the G20 blind eye to Japanese monetary policy are the top issues of today.

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Apr 22, 2013

Forex Flash: NZD/USD heading down to 0.8230 in next few weeks – Westpac

According to Global FX Strategist Sean Callow at Westpac, “We see the NZD/USD heading down to at least 0.8230 during the next few weeks.” In terms, of NZ swaps, the near term momentum is negative, suggesting a further decline to the 2.75%-2.80% area is on the cards, the RBNZ meeting on Wednesday a potential catalyst.

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