Australia's deputy prime minister has easily won a crucial by-election triggered by a dual-citizenship crisis that threatened the ruling coalition's grip o.
A combination of weakness i. The New Zealand dollar suffered during the latter part of the year due to political fear, especially as Jacinda Ardern was sworn in. But has it gone too far? England may face a bidding war with New Zealand to retain coach Wayne Bennett after his contract expired with the rugged World Cup final loss to Australia. After threatening to break through higher in the middle of the week, the USDCAD pair settled lower for the week in what turned out to be a volatile period for t.
As we are approachin. A breakdown below th. However, what really got things moving was when General Flynn suggested that he was willi. The British pound initially tried to go sideways during the session on Friday, but perhaps a bit of profit-taking ahead of the weekend helped the market drift a. Quite frankly, I liked seeing this, as a give us an. The Australian dollar initially went sideways during the session on Friday, reaching towards the 0.
However, we then found quite a. The US dollar initially rally during most of the week, reaching towards the 1. This shows just how important the level is, a. In general, when I look at this chart I recognize that we have been consolidating between the 0. The Australian dollar fell initially during the week, but found enough support underneath to turn around and form a hammer. The hammer formed just above the upt. The US dollar initially rally during the week, reaching as high as the handle, but the surprise announcement that General Flynn is willing to testify agains.
The New Zealand dollar initially tried to break down during the week, but found enough support near the 0. The British pound initially fell during the week but continues to find support, as there has been more than enough reason to think that the uptrend line continu.
The pound was buoyed throughout the week on the back of some progress in Brexit talks and with the incoming data from the UK also proving to be quite strong, it. It was a volatile week for the EURUSD pair but at the end of it all, we saw that the pair could not break the highs from last week.
The fact that the highs from. The British Pound continues to push forward as commentary from Brexit negotiators points towards talks moving on to the second phase, including post-Brexit trade agreements. Last week the euro held onto the trend-line off the November low which is viewed as key to the near-term outlook; higher prices are seen.
After touching its daily low at 1. Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments. Use our Forex tips. Forex - Weekly Outlook: December 4 - 8 By Investing. Sign up for FREE and get:More...