NZD/USD to gravitate back towards fair value, seen at around 0.65 – ANZ

Share: Kiwi’s post-US CPI rally extended this week. Economists at ANZ Bank analyze NZD/USD outlook. US interest rates set to fall more quickly than NZ interest rates in 2024 There have been and will continue to be pullbacks, but more flexible labour markets have meant that the Fed has achieved better progress in

Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags

Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags Markets remain risk-on with a range of US equity markets posting fresh multi-month highs. The VIX ‘fear gauge’ is at lows last seen at the start of 2020 and has fallen in excess of 46% from its late-October spike high. The growing feeling that

XAU/USD find demand after mixed S&P PMIs,US Dollar weakness

Share: The XAU/USD sees a boost, ascending to the $2000 level.    The US Dollar weakened after mixed S&P PMIs. Higher US yields may limit the upside of the metal.  The XAU/USD is finding traction in Friday’s session, capitalising on mixed S&P PMIs and a weakening US Dollar. The pair, commonly recognised as

Weekly Market Outlook (27-01 December)

UPCOMING EVENTS: Tuesday: Australian Retail Sales, US Consumer Confidence. Wednesday: Australian Monthly CPI, RBNZ Policy Decision, US GPD Q3 2nd Estimate. Thursday: Japan Industrial Production and Retail Sales, China PMIs, Switzerland Retail Sales, Eurozone CPI and Unemployment Rate, Canada GDP, US Core PCE, US Jobless Claims. Friday: Japan Jobs data, China Caixin Manufacturing PMI, Switzerland

GBP/USD hits 12-week high amid positive data

Share: GBP/USD climbs above 1.2600, driven by optimistic UK data and a jump in UK yields. US data was mixed with solid Services and Composite PMIs, but Manufacturing PMI fell into contraction. Upcoming speeches by the BoE Governor and US economic reports to provide further cues for GBP/USD movement. The Pound Sterling (GBP)

ZigZag MT5 Indicator – ForexMT4Indicators.com

In the fast-paced world of financial markets, traders are constantly seeking ways to gain an edge. Whether you are a seasoned trader or just starting out, having access to the right tools and indicators can make a significant difference in your trading success. One such tool that has garnered attention in recent years is the

ECBs de Guindos: Euro area economy is stagnating in 2nd half of 2023

Euro area economy is stagnating in 2nd half of 2023 Q4 GDP will likely be similar to Q3 Risks tilted to the downside Current level of reates held for long enough and will likely tame inflation going forward.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

Silver sees late jump on Friday, touches 12-week high at $24.30

Share: Spot Silver is surging late on Friday, tests 12-week high. XAG/USD pings $24.30 as Silver rebounds, following broad-market risk sentiment higher. Metals are pushing higher with the NY market set for an early close. XAG/USD tapped $24.30 in the back half of Friday’s trading, testing Silver’s highest bids in almost 12 weeks.