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
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
Additionally, the company posted a new cash record of around $157.2 billion, a significant increase compared to $147.4 billion in the previous quarter. This strong cash flow suggests that Oracle (NYSE: ORCL ) of Omaha, Warren Buffett, is attentive to market opportunities in the face of projections of an economic slowdown or recession
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
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
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from November 20 to 24, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and
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)
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
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.