Daily Pivots: (S1) 0.6515; (P) 0.6529; (R1) 0.6545; More… AUD/USD’s consolidation from 0.6468 is still in progress and intraday bias remains neutral at this point. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 0.6621 resistance holds. Break of 0.6468 will resume the decline from 0.6870 to 61.8% projection of […]
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Bank of Japan left its policy rate unchanged at around 0.75% as widely expected, and maintained a clear tightening bias, signaling that further rate hikes remain on the table. The decision was passed by an Read more…
Australia’s labor market delivered a strong headline in February, with employment rising by 48.9k, well above expectations of 20k. However, the details painted a softer picture, as the unemployment rate jumped from 4.1% to 4.3%, Read more…
New Zealand’s economy expanded by just 0.2% qoq in Q4, missing expectations of 0.4% qoq and slowing sharply from Q3’s 0.9% qoq pace. On an annual basis, GDP rose 0.2% yoy, marking the first year-on-year Read more…