forex technical analysis

Daily Forex Market Preview, 19/09/2018 The U.S. dollar was seen trading down on Tuesday. Fresh news about the U.S. slapping China with higher tariffs was met by China responding in the same. The markets were however to the reports. Economic data on the day was sparse. [shortcode-variables slug="act_tradeideas"] In New Zealand, the curr...

2018-09-19 John Benjamin Read more
new zealand rnbz

The latest quarterly statistics on the employment front for New Zealand showed that the nation's jobless rate inched higher. Meanwhile, dull wage growth remained but pressures from strikes across the different sectors are expected to boost wage growth eventually. [shortcode-variables slug="learn-forex-basics"] Data released last week by th...

2018-08-08 John Benjamin Read more
andy krieger trader

October 19th 1987, will forever be known as ‘Black Monday’ – or the day the stock markets crashed across the globe. By the end of October 1987, panic had spread and most markets went spiraling down by 20%. 32-year old Andy Krieger carefully watched the currencies rallying against the US dollar, as an aftermath of the incident. He targeted the...

2018-06-20 Orbex Read more
RBNZ leaves OCR unchanged

Summary: RBNZ leaves OCR unchanged at 1.75% at the monetary policy meeting in May Interest rates left unchanged for the nineteenth consecutive month RBNZ gives fresh economic forecasts. Downgrades GDP and inflation RBNZ pursues dual mandate of employment and price stability The Reserve Bank of New Zealand held its monetary polic...

2018-05-16 John Benjamin Read more
New Zealand unemployment rate fell to a nine-year low

The first quarter unemployment data was released by Statistics New Zealand last week. According to official data, the New Zealand unemployment rate fell to a nine-year low in the first three months of the year ending March 2018. The positive data added to the view that maybe New Zealand's sluggish labor market was eventually picking up. The u...

2018-05-09 John Benjamin Read more
NZD_Inflation_New Zealand

New Zealand Dollar Under Pressure The New Zealand Dollar continues to trade on a weak footing and has now moved to its lowest level since May as a combination of factors continue to exert downward pressure. The domestic economy is still experiencing patchy momentum as late-cycle challenges are appearing; indicators are showing a declining contr...

2017-10-22 James Harte Read more
New Zealand_AUDNZD

Business As Usual For RBNZ At their upcoming September meeting this week, the RBNZ is widely expected to leave policy unchanged. Among the data since the last meeting there have been some positive surprises but most likely not enough to justify a shift in monetary policy as political uncertainty cast a cloud over the outlook. It will take quit...

2017-10-22 James Harte Read more
RBNZ_Kiwi

The markets head into a slow week. From the US Fed speakers include Janet Yellen who will be speaking next week. A rather busy week from the US will see the GDP revisions for the second quarter alongside the core PCE price index data. In the eurozone, preliminary inflation numbers from Germany, Spain, and France will culminate with the flash i...

2017-10-22 John Benjamin Read more
RBNX_Wheeler_Interest rate

The New Zealand Dollar fell overnight in response to comments made by RBNZ governor Wheeler who said that “A lower New Zealand dollar is needed to increase tradables inflation and help deliver more balanced growth.”  The RBNZ governor also said that the RBNZ is concerned about keeping inflation on course to hit the top end of the bank’s 1% - 3% ...

2017-08-30 James Harte Read more
New Zealand_AUDNZD

The Reserve Bank of New Zealand decision will be released in few hours, while the economic activities have weakened further compared with the data that was available for the bank during the previous decision. At 09:00 GMT+, eyes will be on the Official Cash Rate, Followed by the Rate Statement and the Monetary Policy Statement, while the Press ...

2017-08-09 Nour Eldeen Al-Hammoury Read more