Yesterday evening’s Royal Bank of New Zealand Meeting delivered a much expected 25 bps cut. Usually, a rate decision that is released as expected will then point participants towards the communication. As explained in our pre-Rate decision analysis, there are different scenarios: a dovish or hawkish approach to again different possibilities of rate decisions (cut, […]
The post Kiwi (NZD) Drops from Dovish RBNZ Meeting, NZDUSD Technical Levels appeared first on Action Forex.
Daily Pivots: (S1) 211.83; (P) 212.16; (R1) 212.71; More… Intraday bias in GBP/JPY stays neutral first. Outlook is unchanged that rebound from 207.20 could have completed with three waves up to 213.28. Below 210.78 will Read more…
Daily Pivots: (S1) 183.02; (P) 183.30; (R1) 183.77; More… Intraday bias in EUR/JPY stays neutral for the moment. On the downside, below 181.85 will target 180.78 support. Decisive break there will indicate that fall from Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal The imagery of the vine-covered walls, Read more…