New Zealand inflation data will be a major focus in the upcoming Asian session. Q1 CPI may show modest cooling, but the real question is whether inflation was already sticky before the oil shock hit. With the Iran conflict only beginning to impact energy prices late in the quarter, Q1 data will offer a relatively […]
The post NZD/USD Eyes CPI as RBNZ Assess Pre-Shock Inflation Pressures appeared first on ActionForex.
Germany’s GfK Consumer Climate for May fell sharply from -28.1 to -33.3, marking its lowest level since February 2023 and signaling further deterioration in household sentiment. The decline reflects mounting pressure on consumers as inflation Read more…
Daily Pivots: (S1) 159.13; (P) 159.49; (R1) 159.73; More… Range trading continues in USD/JPY and intraday bias remains neutral for the moment. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to Read more…
Daily Pivots: (S1) 0.7837; (P) 0.7858; (R1) 0.7870; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is expected as long as 0.7933 resistance holds. On the downside, sustained break of 61.8% Read more…