NZDUSD: ⬇️ Sell NZDUSD reversed from the pivotal resistance level 0.6020 Likely to fall to support level 0.5900 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (which has been reversing the price from November). The downward reversal from the resistance level 0.6020 formed the daily Shooting Star – which stopped the […]
The post NZDUSD Wave Analysis appeared first on Action Forex.
RBNZ Governor Christian Hawkesby stold Bloomberg TV today that another rate cut at the July meeting is “not a done deal” and “not something that’s programmed.” With the OCR at 3.25% after this week’s reduction, Read more…
New Zealand’s ANZ Business Confidence index dropped sharply in May, falling from 49.3 to 36.6. Own Activity Outlook, a key indicator of firms’ expectations for their own performance, declined to 34.8 from 47.7. Profit expectations Read more…
The FOMC minutes from the May 6–7 meeting highlighted growing anxiety among policymakers about the dual threat of persistent inflation and deteriorating growth prospects, largely stemming from US trade policies. Nearly all participants flagged the Read more…