RBNZ Governor Orr press conference following the policy decision: RBNZ leaves cash rate unchanged at 5.5%, as expected RBNZ Policy Meeting: NZD/USD surges Via Westpac: The risk of an RBNZ rate hike “is real” From Orr: Meeting with new PM was highly constructive We’ve been adamant on holding rates through next year Projection shows upward
GOLD PRICE OUTLOOK Gold prices have been rallying this month despite the surge in U.S. Treasury yields Bond market dynamics are taking a back seat as trades shift their attention to geopolitics. This article looks at XAU/USD’s key levels to watch in the near term Trade Smarter – Sign up for the DailyFX Newsletter Receive
British Pound, GBP/USD, GBP/JPY – Technical Update: Recommended by Daniel Dubrovsky How to Trade GBP/USD The British Pound may be readying to extend its losing streak against the US Dollar. For context, GBP/USD has been aiming lower since breaking under a bearish Head & Shoulders chart formation, opening the door to an increasingly downward technical
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nikkei 225, Nasdaq 100 Analysis and Charts Dow struggles to push higher The index has spent the week trying to break higher, but gains above 34,700 have proven impossible to sustain. For the moment, while the buyers have not been able to seize control, sellers
Share: Office for National Statistics will release the UK labor market report at 06:00 GMT on September 12. The Unemployment Rate in the United Kingdom is set to rise to 4.3% in the quarter to July. The UK jobs and wage inflation data could have a strong bearing on the BoE interest rate
Are you an avid trader looking to enhance your Forex trading experience? Look no further than the Show Pips MT4 indicator. In this article, we’ll delve into the intricacies of this powerful tool that can potentially elevate your trading game to new heights. From understanding what the Show Pips indicator is to learning how to
The NASDAQ index has moved lower over the last 4 trading days and currently trades down around 1% on the day. The index has moved down -1.14% to -1.17% on 3 consecutive days… That decline has pushed the price closer to a swing area between 13101.18 and 13181.09. Also in sight is the rising 100-day
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts FTSE 100 drops sharply Friday’s losses have continued into a new week, with the index testing 7500 in early trading this morning. After failing to hold above 7600, a new bearish view appears to prevail. This will be
