Month: September 2021

NZDCHF in focus New Zealand was all set to become one of the first major central banks to embark on a hiking cycle as the economy began to run hot. Moving into the RBNZ meeting last month the expectations were that the RBNZ were going to hike rates. Unemployment was at a low (4.0%), inflation
0 Comments
A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter-than-expected. The CPI is expected to
0 Comments
FREE DOWNLOAD CRASH 1000 SCALPING ROBOT – FOREX TRADING STRATEGIES. Forex #trading strategies is about #forex and trading. We share videos on forex strategy, #forextrading experiences. DOWNLOAD THE ROBOT HERE: https://dailyfxforexlive.blogspot.com/2021/09/download-my-crash-1000-killer-robot-for.html If you want the best forex trading strategies and guides on trading forex for beginners, forex trading strategies for beginners, we have forex trading
0 Comments
AUDJPY down -0.72% on the day As London/European traders look to exit for the day, the AUDJPY is one of the the biggest movers (tied with the AUDCHF actually). The AUDJPY has move down 0.72% on the day.  Looking at the hourly chart, the pair has been pushing lower after peaking last on September 7 at 81.983. That high came in
0 Comments
What will drive the market in the fourth quarter Bank of America Global Research discusses the USD drivers in 4Q. “China has been an important driver of the US dollar in recent months but we expect a transition to more US-specific drivers in 4Q, reasserting its positive correlation with US yields. Much depends upon the
0 Comments
Data released on Tuesday showed the Consumer Price Index rose 0.3% in August, below the 0.4% expected. According to analysts at Wells Fargo, a softer increase in the August CPI lends credence to the Federal Reserve’s view that the flurry of inflation experienced earlier this year will prove “transitory.”  Key Quotes:  “Consumer price inflation cooled
0 Comments
Overall market sentiment is mildly positive with the strong rebound in DOW overnight, followed by slight gain in Nikkei. European majors are having a small edge over the others but Swiss Franc is still clearly lagging behind. Australia Dollar is leading commodity currencies lower for now, after some cautious comments from RBA Governor. Dollar is
0 Comments
Gold prices edged lower on Tuesday as a stronger dollar crimped bullion’s appeal ahead of US inflation data that could offer cues on the possible timeline for the Federal Reserve‘s tapering. FUNDAMENTALSSpot gold fell 0.2% to $1,790.74 per ounce by 0138 GMT. US gold futures eased 0.1% to $1,792.10. The dollar index was steady after
0 Comments