FxWirePro: EUR/NZD attracts buying interest after ECB downplays the likelihood of rate cuts
Dec 14, 2023 23:32 pm UTC| Technicals
EUR/NZD strengthened on Thursday as euro benefited after European Central Bank (ECB) downplayed the possibility of rate cuts. The ECB that borrowing costs will continue at record highs despite reduced inflation...
FxWirePro:GBP/AUD bulls take over the reins after BoE holds rates at 5.25%
Dec 14, 2023 23:15 pm UTC| Technicals
GBP/ AUD strengthened on Thursday after the Bank of England (BoE) indicated that interest rates would remain high for an extended period. The Monetary Policy Committee voted 6-3 to keep rates at a 15-year high of 5.25%,...
FxWirePro: EUR/AUD uptrend gains momentum as the ECB opposes further rate cuts
Dec 14, 2023 17:36 pm UTC| Technicals
EUR/AUD rebounded strongly on Thursday after ECB maintained unchanged rates and resisted the idea of implementing a more relaxed monetary policy in the upcoming year. The ECB kept deposit rate unchanged at a...
FxWirePro-Major pair levels and bias summary
Dec 14, 2023 12:19 pm UTC| Technicals
Major pair levels and bias...
FxWirePro:EUR/NZD reverses recent rally, bias back to downside
Dec 14, 2023 01:03 am UTC| Technicals
EUR/NZD declined on Wednesday as riskier assets like kiwi dollar rallied after Federal Reserve signalled interest rate cut in 2024. New Zealand will report third-quarter economic growth on Thursday, with analysts...
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
Dec 13, 2023 22:14 pm UTC| Technicals
EUR/AUD declined on Wednesday as riskier assets like Australian dollar rallied as Fed signals rate cuts for 2024. With the Fed meeting now concluded, investors attention will turn to European Central Bank and Bank of...
FxWirePro : GBP/NZD drops on worse than expected UK Oct GDP data
Dec 13, 2023 21:58 pm UTC| Technicals
GBP/NZD declined on Wednesday as negative UK Oct GDP print weighed on sterling . The BoE, along with the European Central Bank, will be releasing its rate decision on Thursday. Both are expected to hold rates...
FxWirePro- Major Economic Events for the day