NZD/JPY fell over 1% despite the RBNZ’s second consecutive hike, as an Iran-driven oil shock reduced carry appetite, increasingly hawkish BoJ rhetoric strengthened the Yen, and the RBNZ’s own gradual guidance disappointed markets pricing a faster path.
The post RBNZ Hiked Again. So Why Is NZD/JPY Falling More Than 1%? appeared first on ActionForex.
Break of 0.7136 support suggests that fall from 0.7207 short term top is at least correcting the rise from 0.6864. Intraday bias is back on the downside for 38.2% retracement of 0.6864 to 0.7207 at Read more…
Most people think they understand Medicare — but a recent eHealth survey reveals a shocking knowledge gap that could cost you thousands of dollars. In this eye-opening conversation, Derrick Duke, CEO of eHealth, breaks down Read more…
USD/CAD’s rise from 1.3730 resumed today and intraday bias is back on the upside. Sustained break of 38.2% retracement of 1.4247 to 1.3730 at 1.3927 will argue that fall from 1.4247 has already completed at Read more…