Page 105 – Forex

RBNZ Governor Orr says economy is lagging rate cuts, which is a concern

The Reserve Bank of New Zealand is on record as regarding two years as a reasonable time for the transmission of monetary policy into the …

By admin

November 5, 2024

Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1019 – Reuters estimate

November 5, 2024

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Central Banks

RBNZ says economic conditions remain challenging, business is doing it tough

November 5, 2024

The Reserve Bank of New Zealand have begun their rate cut cycle, cutting by 75bp so far. Another cut is expected at the next meeting, …

Central Banks

BlackRock says traders are still pricing Federal Reserve rate cuts too aggresively

November 4, 2024

Market pricing is still showing over 100bp of Federal Open Market Committee (FOMC) rate cuts through to the end of 2025. BRock says this is …

Central Banks

Positioning for the US election – Trump win likely means higher inflation, higher rates

November 4, 2024

I posted on this yesterday: US election imminent – JP Morgan says Fed to pause rate cuts on a Trump win The conclusions reached by …

Technical Analysis

AUDUSD is back lower after run higher stalls near key topside target resistance.What next?

November 4, 2024

The RBA will be announcing its rate decision later tonight/tomorrow in Australia. The expectation is for no change in policy. Focus will be on what …

Central Banks

Credit Agricole: What we expect from the November RBA meeting

November 4, 2024

Credit Agricole anticipates the RBA will hold rates at this week’s meeting, with Australian inflation and activity data aligning with forecasts, supporting a continued hawkish …

Technical Analysis

USDCAD falls below the 100 and 200 hour MAs. First break below 200 hour MA since October 2

November 4, 2024

The USDCAD broke higher at the end of last week and in the process extended above high from August at 1.39458. The high price reached …

Technical Analysis

Kickstart the FX trading day for Nov 4 w/a technical look at EURUSD, USDJPY and GBPUSD

November 4, 2024

The USD is lower to start the trading week (helped by the Pres. Polls over the weekend). The moves in the 3 major currency pairs …

Technical Analysis

US dollar is lower to start the new week after Harris jump in poll

November 4, 2024

The influential Selzer poll out of Iowa showed a Harris lead over the weekend. That is not supposed to happen, and led to the USD …

Technical Analysis

Crude Oil Technical Analysis – Positive gap on OPEC+ production hike delay

November 4, 2024

Fundamental Overview Crude oil opened the day with a positive gap today following the weekend news of OPEC+ delaying the December production hike. In the …