New Zealand Building Permits s.a. (MoM) fell from previous 0% to -12.2% in September
Oct 30, 2014
AUD/USD: Selling opportunity circa 0.89 - 2ndSkies
While AUD/USD short term has bullish momentum, Chris Capre, Founder at 2ndSkies, notes that if key resistance around 8900 is challenged, a sell a tight stop above the Oct 29 high is a sensible strategy.
GPIF talk boost Yen crosses, stars aligned for further upside?
Late in the US session, reports emerged, via Nikkei, that Japan’s GPIF will alter its allocation to 25% domestic stocks - now minimum required to avoid market disappointment - lower holdings of government bonds to 35% and increase allocation to foreign stocks, from 12% to 25%, news that gave Yen crosses a decent boost, despite being old news, with the original story being reported back on Oct 18.