RBNZ Governor Adrian Orr said in an IMF event, “we’ve been acting reasonably aggressively to tighten monetary conditions. We’ve provided strong forward guidance that we expect to be doing more rate rises over coming quarters.” But he also noted, “that was more about doing it sooner rather than believing we have to do more,” he […]
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Daily Pivots: (S1) 1.3298; (P) 1.3332; (R1) 1.3390; More… Intraday bias in GBP/USD stays neutral at this point. Consolidations from 1.3216 could extend further. But risk will stay on the downside as long as 1.3482 Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7888; (R1) 0.7913; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.7921. Further rally is still expected as long as 0.7746 support holds. Rise Read more…
Markets There was little ‘real’ market relevant news from the conflict in the Middle East, yesterday. There was hardly any progress on ideas/strategies to secure a passage through the Strait of Hormuz. Visibility on how Read more…