The Reserve Bank of New Zealand Delivered its Biggest Rate Hike in 22 Years
The central bank of New Zealand raised interest rates by 50 basis points today, with NZD/USD trading with caution after the initial spike
Page 4 of 38
The central bank of New Zealand raised interest rates by 50 basis points today, with NZD/USD trading with caution after the initial spike
The pair runs its seventh straight day and registers highs not seen since June 2015, amidst rising US bond yields and US Dollar strength
Within the realm of active currency trading, there are numerous strategies. Each has a collection of necessary inputs, defined rules and objectives. From forex day trading to long-term investment, there's a style for everyone. For those with a limited risk tolerance, a scalping strategy may be a viable means by which to profit. Legions of forex traders choose the scalping trading strategy as their primary means of conducting business. But…
The pair finds support and tries to end its five-day losing streak, after yesterday’s hawkish accounts from the Fed’s last policy meeting in March
The pair extends its gains into the fourth day ahead of the Fed’s accounts and as markets are on edge after Tuesday’s hawkish comments
USDOLLAR shows momentum as Fed officials talk of higher rates ahead.
The pair enters its fifth straight losing day as markets digest hawkish comments from Fed officials and prospects of further sanctions against Russia
The pair rallies to fresh 2022 highs after the Reserve Bank of Australia (RBA) held rates, but made some hawkish tweaks in its language
The pair faces difficulties after Friday’s solid US employment figures and amidst talk of fresh sanctions against Russia
The pair stays on the back foot after the inflation updates from the United States on Thursday and Eurozone today, awaiting the US Jobs Report
Exchange: ${getInstrumentData.exchange}
${getInstrumentData.bid} ${getInstrumentData.divCcy} ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%) ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%)
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.