Forex
globalreutersMay 23, 20241 Mins read
NZD/USD heads into Friday markets on the low side of near-term consolidation
globalreutersMay 23, 20241 Mins read NZD/USD descended to the bottom of recent consolidation as broad-market risk appetite turned sour on Thursday after rising US Purchasing Manager Index (PMI) figures re-ignited concerns that sticky inflation from the services sector could keep price growth elevated for much longer than rate-cut-hungry investors had initially hoped.
Recent Posts
Categories
Related Articles
Crude Oil Technical Analysis – Testing a key resistance
Fundamental OverviewCrude oil continues to remain supported as the buyers might be...
BOE’s Mann: Policy needs to stay restrictive to purge inflationary behaviours
It is better to remain restrictive for longerWe can cut more aggressively...
Gold Technical Analysis – The fall in real yields drives the price higher
Fundamental OverviewThe Fed this week finally started its easing cycle and decided...
BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative
US economy achieving soft landing is our main scenarioIf US economy achieves...
Leave a comment