Less than a month ago, we analysed the NZD/USD chart and: → highlighted the key resistance level at 0.5800; → outlined a potential scenario involving a decline from that zone. Now, the NZD/USD pair is trading close to its lowest level of 2025, recorded on 3 February near 0.5525. The latest surge in volatility appears […]
Apr 08, 2024
US Money Markets Increasingly Push a First Cut by Fed Further into Time
Markets Friday’s March payrolls were strong across the board. Employment topped all estimates by growing 303k, wage growth was solid and the unemployment rate eased back to 3.8% despite an uptick in the participation rate. The first Fed governors commenting after the release erred to the hawkish side. Dallas president Logan said there’s no urgency […]
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