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Forex
New Zealand Dollar gathers strength, with all eyes on RBNZ rate decision
The New Zealand Dollar (NZD) extends upside in Wednesday’s Asian session.
Improved risk sentiment and softer US Dollar support the NZD/USD pair.
Market…
Elliott Wave insights: Market bullishness in S&P 500 and NASDAQ 100 [Video]
Elliott Wave analysis for indices:
The current Elliott Wave count suggests a bullish setup, specifically wave (iii) of iii) of 3 of (1) of 5) for both the…
Philippines Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Philippines on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 4,512.63 Philippine Pesos (PHP) per gram, down…
NZD/USD Price Analysis: Rally continues, 0.6100 eyed
NZD/USD rises further, bullish momentum accelerates.
RSI remains in positive territory, MACD shows rising bullish momentum.
The 0.6100 zone (200-day SMA)…
Fed’s Bostic: Concerned unemployment has gone up, but labor supply is good
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Tuesday that his overall outlook on the US labor market remains positive despite an…
Canadian Dollar softer on Tuesday but climbs over weakened Greenback
The Canadian Dollar had little strength on Tuesday, but US Dollar was weaker.
Canada remains absent from economic calendar as markets focus on inflation…
Dow Jones Industrial Average stages recovery on easing US PPI inflation print
Dow Jones rallied over 350 points in choppy trading on Tuesday.
Equities found higher ground on Tuesday as US inflation pressures ease.
After cooling PPI…
US Dollar declines following soft PPI figures
DXY index slips below 103.00 as US Producer Price Index figures disappoint.
US economic growth continues to trend upwards, suggesting markets may be…
Mexican Peso treads water on Tuesday
The Mexican Peso held steady on Tuesday following Monday’s 1.2% backslide.
Banxico recently delivered a rate cut despite an uptick in headline inflation…
European gas price and carbon price moving closer again – Commerzbank
Yesterday, the benchmark price for European gas reached its highest level since mid-December at almost EUR 43 per MWh. The price is still being driven by fears…