NZD/USD Dips as NZ Labor Market Shows Signs of Cooling
Today’s Q2 labor report showed an increase in unemployment, which could help the bank stay in the sidelines after last month’s pause, sending the Kiwi lower
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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Today’s Q2 labor report showed an increase in unemployment, which could help the bank stay in the sidelines after last month’s pause, sending the Kiwi lower
Watch today’s US Open for insights on the second straight pause by the central bank of Australia, the stealth YCC tweak by the bank of Japan, China’s poor PMI and more
After the collapse of 2022, the social media giant turned things around with a series of initiatives and the stock benefits with a nine-month profitable streak – the longest since its 2012 IPO
The pair retreats, weighed by the decision of the Australian central bank to stay on the sidelines for second straight meeting, as it kept rates at 4.1% today
The BoJ pledged more flexibility in its yield curve control (YCC) on Friday, but the implicit nature of the YCC tweak disappointed Yen bulls and the pair rises
Chinese factory activity contracted for fourth straight month, suppressing USOIL today, but heads towards it best month in over a year as authorities have pledged stimulus measure
The German Index hit fresh all-time highs after the European Central Bank hiked rates on Thursday, as Ms Lagarde opened the door to a pause, in a dovish press conference
The Bank of Japan kept rates at -0.1% and the QQE in place, but will now conduct Yield Curve Control (YCC) with greater flexibility, in a somewhat confusing tweak
Watch today’s US Open for insights on the latest policy decisions by the US Fed and its European counterpart (ECB), the strong quarterly results by social media giant Meta Platforms and more
The Facebook-parent company has been on a roll this year, with cost-cutting measures, renewed attention to AI and launch of a new platform and Wednesday’s Q2 results reinforced this narrative
The central bank raised rates as widely expected, but offered no guidance around the policy path, setting us up for an uncertain autumn
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