(RBNZ) Higher interest rates necessary
The Committee agreed that the OCR needs to reach a higher level, and sooner than […]
First Impressions: RBNZ Monetary Policy Statement November 2022
The Reserve Bank raised the Official Cash Rate by a record 75 basis points to […]
Gold Price Dips But Key Support Intact, Oil Recovers
Key Highlights Gold price started a downside correction from the $1,786 level. It traded below […]
CHFJPY Wave Analysis
CHFJPY reversed from support level 144.50 Likely to rise to resistance level 150.00 CHFJPY recently […]
British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?
The British Pound is anchored near the top end this week’s range after US Dollar […]
Hang Seng Index Technical Outlook: Signs of Fatigue?
The Hang Seng Index (HSI) faces quite strong resistance, raising the chances that the three-week […]
S&P 500 at Risk of Breakout as PMIs Hit but Follow Through Would be a Problem
We are coming into the final ‘full’ trading day of the US holiday-shortened week and […]
S&P 500 Soars, US Dollar Sinks After Richmond Fed Manufacturing Data. All Eyes on RBNZ
The S&P 500 rallied up a storm as the US Dollar sank after softer Richmond […]
Gold’s Anti-Dollar Bounce Looks Like it Will Feel the Weight of Persistent Fed Forecasts
Gold is guided heavily by the US dollar just as most traditional fiat currencies tend […]
US Dollar Techs Post-Minutes: EUR/USD, GBP/USD, USD/CAD
The US Dollar broke out to start the week and then pulled back to test […]
ECB Simkus: 50bps a must for Dec, 75 also possible
ECB Governing Council member Gediminas Simkus said, “it’s clear that 50 basis points is a […]