Market picture Bitcoin rolled back to $29K on Wednesday and fell to $28.6K at specific points on Thursday morning. The decline comes in strong impulses as high volumes are released into the market, triggering waves Read more…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 15-16 March 2023 1. Review of financial, economic and monetary developments Read more…
New Zealand inflation fell to 6.7%, lower than expected NZD/USD is down 0.40% and dropped to its lowest level since April 16 Four members of FOMC will speak today New Zealand inflation eases more than Read more…
ETHUSD (Ethereum) had been trending higher since the beginning of the year, peaking at a fresh 11-month high of 2,142 after the successful completion of the Shanghai update. However, the digital coin experienced a significant Read more…
Eurozone goods exports to the rest of the world rose 7.6% yoy in February to EUR 232.7B. Goods imports rose 1.1% yoy ton EUR 228.1B. Trade surplus came in at EUR 4.6B, the first surplus Read more…
AUDUSD had been trending lower within a downward sloping channel after peaking at 0.7157 in early February. Although the pair managed to break above this bearish pattern, it has been directionless since then, with the recent completion of a Read more…
Daily Pivots: (S1) 1.3407; (P) 1.3437; (R1) 1.3489; More…. Intraday bias in USD/CAD remains neutral and outlook is unchanged. Another decline cannot be ruled out with 1.3552 resistance intact. But still, fall from 1.3860 is Read more…
Market movers today Today we get April consumer confidence out of both the euro area and Denmark. It will be interesting to see if the mood among consumers continues to improve. Statistics Norway releases its Read more…
Daily Pivots: (S1) 0.6689; (P) 0.6715; (R1) 0.6740; More… AUD/USD dips mildly today but stays in range of 0.6619/6804. Intraday bias remains neutral at this point. On the downside, break of 0.6619 will indicate that Read more…
In Q1, New Zealand CPI growth slowed down from prior quarter’s 7.2% yoy, registering a 6.7% yoy increase, falling short of the expected 7.0% yoy. The largest contributor to the annual inflation rate was the Read more…