The post Eco Data 8/5/24 appeared first on Action Forex.
The New Zealand dollar received the boost that normally accompanies a rate hike, but the rally quickly lost momentum. The Reserve Bank of New Zealand delivered a widely anticipated 25 basis point increase in the Read more…
Key Highlights Gold started a recovery wave from the $3,950 region. A major bearish trend line is forming with resistance at $4,180 on the 4-hour chart. WTI Crude Oil started a consolidation phase below the Read more…
The Reserve Bank of New Zealand raised the Official Cash Rate by 25 basis points to 2.50%, with the Monetary Policy Committee reaching the decision by consensus despite differing assessments of the inflation outlook. Policymakers Read more…