Rise of NZD, dovish Fed, and stocks indices' sell-off
Latest news
Stock indices SP 500 and Nasdaq are falling for seven days in a row. Yesterday, US benchmarks started rebounding their losses and were heading to close green, but...
Will RBA press AUD down again?
What will happen?
The Reserve Bank of Australia will make a rate statement on March 2, at 5:30 MT time. Last time, the Reserve Bank of Australia kept the interest rate at a reco...
NFP is coming!
What will happen?
Non-farm payrolls, the most awaited economic report, will be out on March 5 at 15:30 MT time. The last time, NFP fell short of analysts expectations: 49 000 jo...
RBNZ rate statement: what lies ahead for the NZD?
The Reserve bank of New Zealand holds a meeting on Wednesday at 3:00 MT time. As usual, we await an update on the monetary policy and interest rate. Currently, the regulator keeps ...
The USD to get boosted by the US labor market?
What will happen?
On Thursday, February 25, at 15:30, the initial jobless claims will be published in the US. Its a regular data release similar to the NFP but less of an impact...
UK unemployment surged to a record high in five years
What happened?
UK jobless rate surged to its highest level in almost five years in the fourth quarter. However, it wasnt a surprise as analysts accurately predicted this outcome...
CHF: losing value
The Swiss franc is losing value, especially against the EUR and the USD: EUR/CHF rose to 1.090 and USD/CHF above 0.90.
Technically, that might be an excellent chance to enter th...
Bitcoin faces risks as traders lose faith in Tether
Elon Musk tweeted that the BTC and the ETH are too high.
JPMorgan claimed that the loss of confidence in Tether put bitcoin at risk to fall in the short term.
JPMorgan still se...
Gold: bouncing from local support
Golds multi-month downtrend is continuing its way. Recently, it came to 1 765 the November highs. However, that support level sent gold back upwards. Unless gold reverts at 1 800, ...
The GBP needs support
What will happen?
UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time. In normal times, it would be a second-priority indicator for Britain. But as t...
Pound rallies, Treasury yields are at one-year record high
Latest news
10-year Treasury yields rose to the highest level in almost a year. Some investors concern about rising yields and have doubts over the reflation trade, which can...
RBNZ to push the NZD?
What will happen?
On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference. As the interest rate is the primary impact factor for a...
