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NZD/USD Forex Technical Analysis – Strengthens Over .6487, Weakens Under .6481. Based on Friday’s price action and the close at .6466, the direction of the NZD/USD on Monday is likely to be.
>> GBP/AUD Data: 1975-Present >> Best exchange rate finder >> AUD X-Rate Converter. It would appear that any recovery in the Aussie’s prospects against the usd simultaneously favour a recovery in the GBP-AUD. We are yet to be convinced at this stage but do not rule out such a swing in favour.
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CoT data reveals how different types of traders are positioned in the futures markets. Us dollar index cot report. Site info. The CFTC releases the CoT report on Friday afternoons, and the data covers positions as of Tuesday’s close.
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The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. It’s known locally as a buck or greenback.
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Although the U.S. dollar bounced back on Friday, it could not offset the losses suffered during last week. The greenback was lower against most major pairs and market participants adjusted their positions before the weekend giving some breathing room to the USD. The U.S. Federal Reserve will.