Open trading account
NZD/USD has been one of the most beleaguered currency pairs recently. It fell to new lows in the latest round of U.S. dollar buying, which coincided with new highs in U.S. treasury yields. 0.685 (channel support, long-term trendline area) is the initial support area. A break below would target 2017 low (0.6775).
Community Blog
NASDAQ to all-time highs, S&P500 and Dow strong
NASDAQ hit a new all-time high last week. S&P500 and Dow are still trading well below their respective highs but posted a strong weekly close. Relaxation of the new trade tariff terms by the U.S. and North Korean steps toward denuclearization have been a real boost to risk sentiment. That said, I continue to believe that we'll see SP500 at 2500 before 3000, especially if U.S. treasury yields keep rising.