nzd rbnz

At its August monetary policy meeting held overnight, as anticipated the RBNZ kept rates unchanged disappointing the bulls with a more dovish tone than expected. Commenting on the outlook for the bank’s rate path, the RBNZ reaffirmed its message that “the direction of our next move could be up or down”. However, in a more dovish twist, the bank ...

2018-08-09 James Harte Read more
daily technical analysis

Daily Forex Market Preview - 09/08/2018 The U.S. Dollar was on the back foot on Wednesday. China is set to hit the U.S with fresh trade tariffs of the amount of $60 billion. The market reaction was however largely muted. [shortcode-variables slug="learn-forex-basics"] The British Pound was hit by a bout of negative sentiment. The currency...

2018-08-09 John Benjamin 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
FOMC

The US dollar was one the weakest currency last week, despite the dollar starting off on a firm footing on Monday. The dollar weakened sharply after Friday's jobs report came out worse than expected to leave many to question whether the Fed will hike rates in June. This sent the US dollar to close Friday's session at a 3-week low. The Pound Ster...

2016-06-06 John Benjamin Read more