New Zealand’s Central Bank Hikes Rates Again, NZD/USD Reacts Higher
The central bank of New Zealand is far ahead than its major counterparts in the monetary tightening path, delivering today its third straight rate hike
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The central bank of New Zealand is far ahead than its major counterparts in the monetary tightening path, delivering today its third straight rate hike
The Japanese Yen drops today as markets try to move beyond yesterday’s recognition by Russia of separatist territories and the subsequent risk aversion
Oil Technicals Oil prices have appreciated as the tensions between Russia and Ukraine have intensified. The chart on the left below shows the USOil weekly heikin ashi chart. These candles are trend-following indicators and are trading in USOil's strength zone, between the upper blue and red bands. I.e., the two trend-following systems are reinforcing one another. The weekly RSI is within regular readings, implying that there is still potential scope…
Oil Technicals Oil prices have appreciated as the tensions between Russia and Ukraine have intensified. The chart on the left below shows the USOil weekly heikin ashi chart. These candles are trend-following indicators and are trading in USOil's strength zone, between the upper blue and red bands. I.e., the two trend-following systems are reinforcing one another. The weekly RSI is within regular readings, implying that there is still potential scope…
The precious metal is slides during the European session, but had managed to set new highs earlier, as markets process the latest developments around Ukraine
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Fresh fears grapple markets, sending the German Index lower, after a solid start to the day due to the initial optimism for a diplomatic solution
The Australian airliner releases its financial results for the half-year ended December 2021, on Thursday February 24, as Australia reopens its international borders
The pair is helped higher by increased hopes of a diplomatic solution around Ukraine and moderated expectations around the Fed’s rate hikes path
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
The week of February 14-18 was an eventful one, with many high profile earnings from the US, Australia and Europe
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