The New Zealand dollar is finally in positive territory on Tuesday, after posting five consecutive losing sessions. RBNZ rate decision looms The RBNZ is widely expected to increase rates from the current 1.00% at the Read more…
In the Joint Economic Forecast, Germany’s government advisors warned of a contraction in the economy next year in case of a full halt in Russian natural gas imports. Inflation could also be pushed further the Read more…
GBP/USD falls below 1.30 despite inflation jumping to 7% GBP/USD fell to its lowest level this year after UK inflation rose by more than expected. UK inflation jumped to 7% YoY in March, up from Read more…
US stocks erased earlier gains after the Bureau of Labor Statistics published high inflation data. The Dow Jones fell by 156 points after rising by over 200 points earlier. The tech-heavy Nasdaq 100 index retreated Read more…
Bitcoin was down 0.8% on Tuesday, ending the day near $39,500. On Wednesday morning, the price stabilized around the $40K level, showing a slight increase of 0.4% over the past 24 hours. Ethereum added 1.8% Read more…
The New Zealand’s dollar fell to one-month low in early Wednesday’s trading, after the RBNZ surprised markets by 0.5% rate hike, the biggest rate hike in more than twenty years (most of analysts expected a Read more…
NZDUSD is moving back to a negative ground after it failed to cross above the short-term uptrend line in the preceding days. The MACD oscillator is losing momentum below its trigger line and around the Read more…
USDJPY bulls returned on Wednesday to fight the key 125.27 – 125.85 region after a neutral day, with the price even touching an almost two-decade high of 126.00. The positive trajectory in the momentum indicators Read more…
EUR/USD During yesterday’s session, the euro jumped after scorching CPI numbers for the United States, but the gains were quickly erased. The bearish pressure persisted until the end of the session and the pair closed Read more…
The US Dollar started a steady upward move above the 124.50 resistance against the Japanese Yen. The USD/JPY pair traded above the 125.00 level to move further into a bullish zone. The pair even traded Read more…