New Zealand Dollar outperformed across the board today after a much stronger-than-expected manufacturing survey reinforced confidence that the economy is gaining momentum following the Reserve Bank of New Zealand’s rate hike. At the other end of the spectrum, Canadian Dollar is the weakest major currency despite another sharp rebound in oil prices, underscoring that structural […]
The post NZD Leads on Growth Optimism While CAD Awaits Jobs Test appeared first on ActionForex.
Food manufacturing companies continue to grow even as the jobs behind familiar grocery products shift. For shoppers, the change may not be immediately obvious, as snack bars, candy, crackers, and pet-food brands can still be Read more…
Nvidia has lost roughly a trillion dollars in market value in less than two months. Although the semiconductor index has nearly doubled year to date, Nvidia is up only about 4%. For the company that Read more…
Markets Oil remained at the center of attention today, if only because there was little else to inspire markets. The collapse of the ceasefire is not particularly suggesting that the US and Iran are close Read more…