Daily Pivots: (S1) 1.3017; (P) 1.3044; (R1) 1.3096; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2971 is still extending. Outlook is unchanged that further fall is expected with 1.3165 resistance intact. On the downside, break of 1.2971 will resume larger down trend from 1.4248. Next target is 61.8% projection of 1.3641 to […]
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New Zealand’s trade balance reported a deficit of NZD -257m in February as imports surged far ahead of modest export gains. Goods exports edged up just 0.4% yoy to NZD 6.6B, while imports jumped 12% Read more…
Key insights from the week that was. Among the plethora of major central bank decisions this week, the RBA stood out from the pack, delivering a 25bp rate hike which took the cash rate to Read more…