Forex
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Life is not easy for NZD bears – Commerzbank
Share: The Reserve Bank of New Zealand (RBNZ) left the Official Cash Rate (OCR). Economists at Commerzbank analyze the Monetary…
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Gold eases from multi-month peak, dovish Fed expectations favour bulls ahead of US GDP
Share: Gold price gains positive traction for the sixth straight day and refreshes its multi-month top. Dovish Fed expectations, falling…
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USD/INR attracts some sellers on the weaker Dollar, US GDP data eyed
Share: Indian Rupee gains traction amid the weaker US Dollar. The currency might benefit from inflows since MSCI increased India’s…
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USD/CAD trades below 1.3550 near nine-week lows, eyes on US data
Share: USD/CAD marked a nine-week low at 1.3541 on Wednesday. US Dollar faces downward pressure on Fed Governor Waller’s hawkish…
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EUR/USD maintains its position above 1.1000 ahead of Spain, Germany CPI data
Share: EUR/USD receives upward support from the Fed’s less hawkish stance. Fed Governor Christopher Waller mentioned that the central bank…
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RBNZ’s Orr: Projection shows upward bias to rates but it is not a done deal
Share: Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is addressing the post-monetary policy meeting press conference on Wednesday. The RBNZ…
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Australian Dollar hovers above a major level despite softer monthly CPI
Share: Australian Dollar continues its winning streak despite downbeat Aussie monthly CPI. Australia’s Monthly Consumer Price Index declined by 4.9%…
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USD/JPY tumbles to 147.00, eyes on the US GDP data
Share: USD/JPY extends its downside to 147.00, the lowest since mid-September. The dovish comments from the Federal Reserve’s Waller created…
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AUD/USD gains gound around the mid-0.6600s ahead of Australian CPI
Share: AUD/USD attracts some buyers to 0.6648 on the weaker USD. Fed’s Waller said interest rates don’t have to go…
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New Zealand Dollar traders await RBNZ interest rate meeting
Share: The Reserve Bank of New Zealand is set to hold Official Cash Rate steady at 5.50% in November. RBNZ…
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