New Zealand Dollar plunged today after RBNZ unexpectedly cut interest rates by 25bps, marking the first reduction in this easing cycle. This move came much earlier than the market’s anticipation of a rate cut in Read more…
Key Highlights Gold is attempting a fresh increase above the $2,440 support zone. A major bullish trend line is forming with support at $2,400 on the 4-hour chart. Oil prices extended gains and climbed above Read more…
NZD/USD fell notably after RBNZ’s surprised rate cut but loss is so far limited. Some consolidations would be seen below 0.6083 temporary top first. But further rally would remain in favor as long as 0.5976 Read more…
In an unexpected move, RBNZ lowered its Official Cash Rate by 25bps to 5.25% today, catching markets off guard. The central bank also unveiled new economic projections, which indicate the possibility of another rate cut Read more…
New Zealand’s annual consumer price inflation is returning to within the Monetary Policy Committee’s 1 to 3 percent target band. Surveyed inflation expectations, firms’ pricing behaviour, headline inflation, and a variety of core inflation measures Read more…
Atlanta Fed President Raphael Bostic emphasized a cautious approach regarding interest rate cuts, stating that he needs “a little more data” before supporting such a move. Bostic stressed the importance of ensuring that Fed doesn’t Read more…
Nasdaq-100 index reversed from support zone Likely to rise to resistance level 19500.00 Nasdaq-100 index continues to rise inside the minor impulse wave 3, which started recently from the major support area set between the Read more…
AUDUSD reversed from support zone Likely to rise to resistance level 0.6650 AUDUSD currency pair recently reversed up from the powerful support area located between the long-term support level 0.6370 (which has been reversing the Read more…
When it comes to travel, luxury is very often tied to difficulty of access. Some of the top earners in the world will pay tens of thousands to reach places like St. Barths, Gstaad, Bora Read more…
Buying a house in a competitive housing market with high mortgage rates and low inventory can be challenging. While finding the rough house may seem daunting, saving up for a down payment and planning the Read more…