Commentary
Add as a preferred source on GoogleWestpac Research Notes:AUD/NZD 1 day: The next major target is 1.1000. The cross has risen 9 cents during the past month and is looking technically stretched but such stretched conditions can persist for weeks.AUD/NZD 1-…
Westpac Research Notes:
AUD/NZD 1 day: The next major target is 1.1000. The cross has risen 9 cents during the past month and is looking technically stretched but such stretched conditions can persist for weeks.
AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs RBNZ direction thus favours AUD/NZD over the medium term, such that 1.1300 is feasible.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
