RBNZ Governor Adrian Orr told Bloomberg TV earlier today, “We know we have to slow the economy. We knew we had to be 3% plus (on interest rates) to begin that slowing journey and now we’re in a much more comfortable position.” “We think there’ll be least another couple of rate hikes, but then we […]
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Aussie has staged a remarkable breakout today, surging broadly higher to clip a near four-year peak against Dollar. AUD/USD is now knocking on the door of a critical resistance zone at 0.72. Firm break above Read more…
We revise our view of RBA policy: 25bp hikes in both March and May expected. Single hike still possible but not our base case. The RBA is now expected to hike rates 25bp in both Read more…
Key Highlights Ethereum remained in a range above the $1,850 support. A rising channel is forming with support at $1,865 on the daily chart of ETH/USD. Bitcoin price started a fresh recovery wave above $68,000 Read more…