Overnight during the Asia session, New Zealand inflation soarded to 4.9% Y/Y (Expectation: 4.1% Y/Y). After reclaiming the .7000 level last weeek, NZD/USD is setting its sights higher in upcoming trading sessions with 100+ pip gains very possible.   EUR/USD…

Overnight in the Asia session, the big news was USD/JPY breaking 114.00 as the pair continues its trek higher (currently trading at 114.25).   On a day when the economic calendar in Europe is light, the market has its sights…

Overnight in the Asia trading session, the US Dollar took heavy hit with USD/CHF sliding down to .9215 and EUR/USD regaining the 1.1600 level to the upside.   Australian employment data came in with -137,500 jobs lost, which was actually…

Overnight in Asia trading, the Australian Westpac Consumer Confidence Index came in worse than expected at 104.6. (Expectation: 106.2). AUD/USD had a brief slide down to it's curent trading level of .7344.   EUR/USD has been stuck in a tight…