Forex Signals Brief for July 13: US Inflation and BOC 75 bps Rate Hike After RBNZ 50 bps Hike
The risk-off sentiment continued yesterday as well in financial markets, and we continued to book profit on our forex and crypto signals Full Article
Forex Signals Brief for May 26: US Q1 GDP to Be Revised A Tick Higher
Yesterday the USD finally started to put up a fight after declining for a week, while today the US GDP is expected to be revised up Full Article
Forex Signals Brief for May 25: RBNZ Hiking Rates for the 5th Time
UK services slowed considerably last month, showing that the global economy might head into recession due to inflation and higher rates Full Article
New Zealand’s Annual Inflation Touches Three Decade High in Q4 2021
New Zealand is the latest country to report a surge in inflation, a factor that is raising uncertainties in economic recovery around the Full Article
Selling the Retrace in NZD/USD at Resistance
The retrace in NZD/USD has ended and now this pair is reversing down, so we decided to sell at resistance Full Article
RBNZ Hikes Rates as Expected, More Hikes Likely in the Coming Months
The RBNZ implemented its first rate hike in seven years earlier today and hinted that there could be more such rate hikes in the coming Full Article
NZD/USD Expected to Remain Bearish, Despite the Rate Hikes Coming From the RBNZ
The NZD is expected to turn lower despite rate hikes coming up. Full Article
New Zealand Economy Posts Faster Growth in Q2, Beats Forecasts
The New Zealand economy posted a faster than expected growth through the serving quarter of the year, offering some encouraging news to the Full Article
NZD/USD Continues the Strong Bullish Climb, as the RBNZ Turns Hawkish
NZD/USD has climbed 150 pips so far this week and the fundamentals point higher Full Article
RBNZ Surprises Market by Keeping Interest Rates Steady as NZ Goes Into Lockdown
The Reserve Bank of New Zealand kept its interest rates steady at its latest meeting earlier today, exhibiting signs of lower confidence Full Article
NZD Soars as Markets Cheer RBNZ’s Rate Hike Plans
The New Zealand dollar soared to the highest level seen in three months on Wednesday after the RBNZ held its interest rates steady Full Article
Asian Traders Look to Jobs and RBNZ
Asian traders will be focused on two key data points this week, plus the overall market and USD moves. Full Article
The NZD and AUD Rally on Moderna News
Fresh from last week's news on a COVID vaccine, Moderna has come out with an even better update that has rallied risk assets. Full Article
The NZD/USD Remains Bullish
The standout performer yesterday was the NZD/USD and the bullish trend looks like it is set to continue today. Full Article
Buying NZD/USD at the 20 SMA, on Slightly Hawkish RBNZ
NZD/USD turned really bullish after the RBNZ turned slightly hawkish last night Full Article