The US Dollar started a fresh decline from the 115.70 zone against the Japanese Yen. The USD/JPY pair traded below the 115.00 support level to move into a short-term bearish zone. The pair even traded below 114.80 and settled below the 50 hourly simple moving average. A low is formed near 114.56 and the pair […]
The post USD/JPY Consolidating Losses from 114.56 Low appeared first on Action Forex.
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…
New Zealand’s retail sales volume for Q3 showed a marginal decline of -0.1% qoq, a better outcome than the expected -0.5% qoq contraction. However, the data revealed underlying weakness, as retail sales excluding autos fell Read more…
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…