Forex

Missed the NZD trade? What’s next?

As expected, the Reserve Bank of New Zealand (RBNZ) kept interest rates unchanged yesterday but did provide some surprises to the market; extending the timeline for a potential rate cut, and even noted its consideration of a rate hike. This...

Is a rate cut imminent? Watching incoming UK Inflation data

"The next move will be a cut," Bank of England's Andrew Bailey stated in response to a question about the Governors thoughts on interest rates during a speech at the London School of Economics. This does not mean the next...

Huge number of Trading Opportunities next week

The major trading opportunities next week could be front-loaded, with significant events occurring from Monday to Wednesday. For the exact date and time of these events, download the BlackBull Markets Economic Calendar....

AUD/USD: Westpac’s Bullish Perspective

The AUD/USD and NZD/USD are trending higher due to risk-on flows boosting these currency pairs. For AUD/USD, on the downside, immediate support could lie at 0.6594, just above the 100 Daily Moving Average. The RSI is almost levelling off at...

What did Powell say and what did gold do?

Federal Reserve Chair Jerome Powell expressed reservations about the trajectory of disinflation in the US during his recent remarks, stating, "My confidence in that is not as high as it was." Despite this, he indicated that further rate hikes were...

US Inflation insights: What to expect this week?

Traders are preparing for a series of significant economic events in the United States, notably the release of key inflation data and a highly anticipated speech by Federal Reserve Chair Jerome Powell on May 14th. The forthcoming April Consumer Price...

Trade alert: 3 upcoming trade opportunities

US Inflation on Thursday, May 16: Inflation in the US has persisted despite expectations of a slowdown. March 2024 saw a consecutive increase in the annual inflation rate to 3.5%. Bank of America anticipates the upcoming data to reflect persistently...

Timing the BOJ’s next intervention?

We have seen 2 interventions from the BOJ over the past 2 weeks. The first came when the USDJPY hit between 158.000 and 160.000 and the second when it hit almost 158.000. With the BOJ warning that it is ready...

GBP/USD outlook: Pre-BOE decision time

The British Pound has seen a partial retreat against the USD ahead of the Bank of England's interest rate announcement. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you...
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