New Zealand’s GDP rose by 0.8% in the March quarter, slightly ahead of market forecasts. Our view remains that the RBNZ will pause to assess in July. Key results Quarterly change: +0.8% (last: +0.7%, Westpac f/c: +0.7%, market f/c: +0.7%, RBNZ +0.4%) Annual change: -0.7% (last: -1.3%) New Zealand’s GDP rose by 0.8% in the […]
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Daily Pivots: (S1) 0.8623; (P) 0.8632; (R1) 0.8645; More… Intraday bias in EUR/GBP is turned neutral first with current recovery. On the downside, decisive break of 0.8610 key support carry larger bearish implications and pave Read more…
Daily Pivots: (S1) 1.6243; (P) 1.6290; (R1) 1.6320; More… Intraday bias in EUR/AUD remains on the downside, and fall from 1.6842 should target 1.6125 low. Decisive break there will resume whole fall from 1.8554. On Read more…
Daily Pivots: (S1) 0.9152; (P) 0.9168; (R1) 0.9181; More…. Intraday bias in EUR/CHF stays neutral for the moment. Rise from 0.8979 is expected to continue as long as 0.9155 cluster support (38.2% retracement of 0.8979 Read more…