How TikTok has affected Non-Farm Payroll

The first Friday of every month always feels like when I was at the sports carnival at school, lined up at the starting blocks ready for the 100 meters sprint. You know what the expectations are, you know what the most likely result could be but then one kid falls and before you know it […]

The Aussie remains strong as US Dollar weakness continues

AUD/USD remains in strong contention for the pair of the month maintaining levels not seen in over a year at $0.7182. This comes on the back of RBA’s Assistant Governor Christopher Kent readiness to buy bonds if markets continue to deteriorate in order to a 25% yield target. The USD continues to weaken due to […]

Gold Holding Near All Time High

MARKET INSIGHTS

After strong rallies and hitting levels never seen before, gold hold steady around $1940-$1945. Not much has changed since our last update. The US and China tension and the increase in COVID-19 cases has given the precious metal a cushion to lay on. Key Technical levels For the Bears A look at the previous high […]

NZD/USD hits the wall at 0.66 after trade data release

After enjoying a 5 day rally, the pair was walking down the streets of Auckland with its chest out and feeling quite thrilled with itself after reaching a high of 0.6640 in Friday’s Asia session. However NZ’s June trade numbers brought in mixed emotions. Tradde Balance recovered from $-1.2B to $-1.2B. But then it’s monthly […]