At its meeting on Wednesday, the Reserve Bank of New Zealand is widely expected to raise the Official Cash Rate by 50 basis points taking the cash rate to 2.50%. It will be the RBNZ’s third straight 50bp hike in a row, in a tightening cycle that started back in October. Share: New Zealand At […]
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Daily Pivots: (S1) 192.34; (P) 193.03; (R1) 193.49; More… Intraday bias in GBP/JPY stays neutral. While deeper pullback might be seen, further rally is expected as long as 190.22 structural support holds. On the upside, Read more…
Daily Pivots: (S1) 162.50; (P) 162.90; (R1) 163.19; More… Intraday bias in EUR/JPY remains neutral for the moment, and more consolidations could be seen. Further rally is in favor as long as 161.57 support holds. Read more…
Daily Pivots: (S1) 0.8425; (P) 0.8442; (R1) 0.8462; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen above 0.8392 temporary low. Further decline remains in favor as long as 0.8539 resistance Read more…