New Zealand BusinessNZ Performance of Services Index fell from 51.1 to 48.8 in December, back into contraction territory. This downturn also brings the index below long-term average of 53.4. The increase in negative sentiment is evident, with the proportion of negative comments rising from 54.0% to 58.7%. The primary concerns expressed by businesses revolve around […]
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Daily Pivots: (S1) 1.6230; (P) 1.6275; (R1) 1.6351; More… Intraday bias in EUR/AUD stays neutral as consolidations continues above 1.6125. Further decline is expected with 1.6594 resistance intact. Firm break of 1.6125 will resume the Read more…
Daily Pivots: (S1) 0.9088; (P) 0.9115; (R1) 0.9162; More…. EUR/CHF extended rebound and firm break of 0.9092 support turned resistance suggests short term bottoming at 0.8979. Sustained trading above 38.2% retracement of 0.9394 to 0.8979 Read more…
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