Wednesday , 8 January 2025

Forex

Forex

NZD/USD remains on the defensive below the mid-0.6100s, firmer US PPI boosts US Dollar

The NZD/USD pair trades on a weaker note below the mid-0.6100s during the early Asian session on Friday.

Forex

UBS see broadening of equity market rally on Fed cuts, robust growth, falling inflation

I posted earlier on:Barclays' 3 reasons to keep buying US stocksAnalysts at UBS Wealth Management are also liking stocks:“While we see merit in...

Forex

Barclays’ 3 reasons to keep buying US stocks

Barclays continues to favour US equities, citing three tailwinds for stocks ahead:First, much of the increase in valuations is earnings driven. Even as...

Forex

AUD/USD Price Analysis: Consolidation is on the horizon as hourly indicators reach oversold conditions

The AUD/USD pair is currently trading at 0.6583, suggesting a noticeable and strong downturn.

Forex

Crude Oil bumps higher on supply draws, WTI knocks on $81.00

West Texas Intermediate (WTI) US Crude Oil knocked into its highest bids in over three months, etching in a new high of $81.05...

Forex

EUR/USD forecast to rise to 1.15

Bank of America are projecting a rise for EUR/USD to 1.15 by the end of 2024.Analysts at the bank are tipping both the...

Forex

New Zealand February Manufacturing PMI 49.3 (prior 47.3)

BNZ – BusinessNZ Performance of Manufacturing Index (PMI).more to come BusinessNZ’s Catherine Beard:improved February result showed signs of a gradual turnaround in the...

Forex

New Zealand Business NZ PMI rose from previous 47.3 to 49.3 in February

New Zealand Business NZ PMI rose from previous 47.3 to 49.3 in February

Forex

Russia has moved tactical nuclear weapons into Belarus

Website 'Foreign Policy' with report, citing unnamed Western officials:Russia has moved tactical nuclear weapons from its own borders into neighboring Belarus, several hundred...

Forex

The upcoming Bank of Japan tightening – 3 ways it could super-boost the JPY

Standard Chartered assessing the likely hood of a much stronger yen than the market expects. Analaysts at the bank specify two scenarios, the...