US initial jobless claims fell -18k to 202k in the week ending December 30, below expectation of 210k. Four-week moving average of initial claims fell -5k to 208k. Continuing claims fell -31k to 1855k in the week ending December 23. Four-week moving average of continuing claims fell -250 to 1867k. Full US jobless claims release […]
The post US initial jobless claims falls to 202k, vs exp 210k appeared first on Action Forex.
The RBNZ cut the OCR by 50bps to 4.25% at its final policy meeting for this year. The RBNZ’s OCR forecast profile was revised down as expected and now shows the OCR at 3.55% at Read more…
AUD/NZD plunged in the Asian session, driven by contrasting developments in Australia and New Zealand. However, it is too early to declare a bearish trend reversal for the cross, with near-term sideways consolidation likely. In Read more…
RBNZ delivered a widely expected 50bps cut to its Official Cash Rate, bringing it down to 4.25%. The central bank maintained easing bias, stating that if economic conditions align with projections, “the Committee expects to Read more…