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Kiwi and Aussie Outlook Ahead of the RBNZ Meeting

Posted by By 08/04/2024Posted inForex
The Reserve Bank of New Zealand (RBNZ) is likely to keep rates on hold due to stubbornly high inflation. Rate cuts are still some way off. AUD/USD tests crucial resistance
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Bitcoin (BTC) Nears New All-Time High as Halving Event Looms, Coinbase (COIN) Benefits

Posted by By 08/04/2024Posted inForex
Bitcoin is above $72k to start the week and is looking set to print a new all-time high ahead of the highly anticipated halving event later this month.
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Oil Price Update: Israeli Troops Withdraw from the South, Peace Talks Underway

Posted by By 08/04/2024Posted inForex
Israeli troops have been withdrawn from Southern Gaza in response to the recent backlash. Peace talks also got underway in Egypt at the weekend but progress remains limited
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FTSE 100, DAX 40 and Nasdaq 100 Regain Some of Last Week’s Lost Ground

Posted by By 08/04/2024Posted inForex
​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid quiet day on data front.
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US Dollar Grabs an Early Bid, Rate Cut Now Seen as 50/50, Gold Rallies Further

Posted by By 08/04/2024Posted inForex
The US dollar has opened the week on the front foot, supported by higher US Treasury yields. A June US rate cut is now seen as 50/50
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Markets Week Ahead: Gold, US Dollar, Euro, Pound Sterling

Posted by By 07/04/2024Posted inForex
This week sees crucial US inflation (CPI) data alongside deliberations from the European Central Bank on monetary policy. FOMC minutes may already be out of date
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US Dollar’s Outlook Rides on US Inflation Data – EUR/USD, USD/JPY, GBP/USD

Posted by By 07/04/2024Posted inForex
The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday's U.S. inflation report surprises to the…
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USD/JPY Tiptoes Towards Bullish Breakout after Strong US Jobs Data. What Now?

Posted by By 05/04/2024Posted inForex
USD/JPY advanced on Friday, inching closer to horizontal resistance at 152.00 after strong U.S. jobs data boosted U.S. Treasury yields across the curve.
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US NFPs Trump Expectations, US Dollar Grabs a Bid, Gold Slips But Retains Haven Support

Posted by By 05/04/2024Posted inForex
The latest US NFPs beat expectations by a wide margin, while the closely followed unemployment rate fell. The US dollar gets a bid going into the US open.
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Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up

Posted by By 05/04/2024Posted inForex
Brent crude oil breached the $90 mark after Israel’s latest attack on Iranian targets stoked already elevated tension. Biden calls for immediate Gaza aid amid policy warning
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