Only a week after the Reserve Bank of New Zealand suggested lower oil prices would help ease inflation, one of its most senior policymakers is already questioning that assumption. Chief Economist Paul Conway’s latest remarks have given the New Zealand Dollar another boost, as investors conclude that the recent rebound in energy prices could require […]
The post AUD/NZD Tests Double Top Breakdown as RBNZ’s Conway Revives Faster Tightening Bets appeared first on ActionForex.
USD/JPY ended Tuesday at 162.27, with the Japanese yen remaining near 40-year lows. Pressure on the currency persists, as Japanese authorities have yet to carry out fresh interventions to support the exchange rate. The yen Read more…
Taiwan Semiconductor Manufacturing (TSM) reported June revenue on July 13 that ran counter to its own recent history, and the timing is not a coincidence. June is normally the month when the world’s largest contract Read more…
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