Logo-color Logo-white

The New Zealand dollar is drifting on Thursday. NZD/USD is trading at 0.5639 in the European session, down 0.04% on the day. NZ inflation expectations dip to 2.06% in Q1 2025 New Zealand business inflation expectations didn’t show much change in the first quarter. Two-year inflation expectations, which are closely monitored by the central bank, […]

The post New Zealand Dollar Calm After Inflation Expectations Ease appeared first on Action Forex.

previous

EURUSD Found Buyers After 3 Waves Pull Back

next

Sunset Market Commentary

Read More

13/03/2024

CHF/JPY Technical: Potential Major Bullish Trend Exhaustion

The recent significant increase of a total of 20 bps in the 2-year JGB yield since the start of the year has come in line with the highly anticipated rosy results of the annual wage negotiations in Japan. In the past week, the JPY crosses have come under downside pressure as the carry trade strategy […]
19/02/2024

EURJPY Price Action and Technical Analysis Overview

Talking Points: FOMC January 31st, 2024, Meeting Minutes. Technical Analysis EUR/JPY 8-Hour chart Commitment of Traders Report – EUR/JPY OANDA’s Position Ratio Indicator FOMC January 31st, 2024, Meeting Minutes This Wednesday, markets await the FOMC minutes for their latest meeting on January 31st, 2024; it is not expected that there will be any significant surprises […]
31/01/2024

Anything Less Than Mind-Blowing is Meh

We had good news, bad news and news that are fundamentally good for the economy and bad for the global rate cut expectations. Good news. The European economies performed better than expected last quarter. Spanish and Italian growth tempered the German contraction, fueled the idea that the Eurozone is also having a lighter version of […]