According to the latest RBNZ Survey of Expectations, the one-year-out inflation was relatively unchanged at 4.86% in Q3, down from Q2’s 4.88%. Expectations were still much higher than Q1’s 4.4% and Q4’s 3.7%. However, two-year-out inflation expectation has fallen significantly to 3.07% in Q3, down from Q2’s 3.29%. That’s already below Q1’s 3.27% but still […]
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Daily Pivots: (S1) 1.1157; (P) 1.1192; (R1) 1.1220; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending Read more…
Daily Pivots: (S1) 1.3263; (P) 1.3292; (R1) 1.3331; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Read more…
Daily Pivots: (S1) 0.8328; (P) 0.8377; (R1) 0.8409; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, firm break of 0.8333 resistance turned support will argue that corrective rebound from 0.8038 Read more…