RBNZ hikes rates and Fed minutes move into focus
NZD/USD dropped 0.3% on Tuesday ahead of the RBNZ’s interest rate decision and despite a mildly weaker USD.
Category Market Updates
UK unemployment data and US retailers reporting
FTSE =>The index rises over 7500Walmart => The stock trades down 9% this yearUSD/CAD => The pair falls to 1.29 FTSE rises ahead of jobs data The FTSE ended yesterday just 0.1%. higher as gains in AstraZeneca offset weakness in commodity…
EUR/GBP enjoying a two-week high and magic returns to Disney
EUR/GBP surges to a two-week high as storm clouds hover over the UK economy The EURO continues its impressive form against the gbp, currently trading at 0.8469 which is a two-week high. Though the Eurozone has its own issues such…
EUR/USD and S&P 500 wait with bated breath for the US CPI Announcement
EUR/USD make some gains, but EURO bulls cautious ahead of the US CPI The EUR has made a slight comeback against the USD after dropping like stone on Friday due to the much better US NFP reading, which was announced…
Greenback making a move against the JPY and Oil under pressure with demand concerns.
Greenback Striking Back Against the JPY? USD/JPY is attempting to have a third straight day of gains as the market turns attention back to the fact that the FED is being aggressive with interest rate hikes and that the Bank…
GBP/USD losing its appeal, while Gold gets Shine back due to Taiwan tensions
GBP/USD Heading South as Taiwan Fear’s Awakes the Bears GBP/USD is hovering around the 1.22 level, having looked set to test 1.23 as investors change their appetite from risk-on to risk-off. With the US GDP being announced at -0.9% –…
US inflation data and Chevron earnings
Nasdaq => The pair Nasdaq rises above 12800 Procter & Gamble => The stock trades at a 2-month high Exxon Mobil => The stock trades at a monthly high Nasdaq looks to inflation data The Nasdaq rose for a…
US GDP Apple and Amazon earnings
USD/JPY => The pair falls below 135.50 Amazon => The stock trades 13% higher this month Apple => The stock trades 14% higher this month USD/JPY falls after the Fed hikes USD/JPY fell in the previous session and is…
Fed rate decision and earnings from Meta and Boeing
EUR/USD => The pair rises to 1.0150 Boeing => The stock trades 14% higher this month Meta => The stock trades over 50% lower this year EUR/USD rises ahead of the Fed rate decision EUR/USD fell 1% in…
Big tech earnings begin with Microsoft and Alphabet
Microsoft => The stock trades down 25% this year Alphabet => The stock struggles around $107 EUR/JPY => The pair falls below 140.00 Microsoft Q2 earnings preview. Microsoft releases earnings after the close and is expected to post EPS…
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