Mexico Central Bank Interest Rate remains unchanged at 3.75%

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May 5, 2016

NZD/USD: daily double top, target 0.6720?

NZD/USD remains within the rising daily channel, but is starting to make a case for a breakout to the downside with a double top at the mid way point of the 0.70 handle and another set of down intra-sessions.

EUR/USD: this is all about the greenback - BTMU

Analysts at Bank of Tokyo Mitsubishi explained that the main driver of the move higher for EUR/USD in recent months has been broad based US dollar weakness rather than euro specific factors.