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MOST RECENT ARTICLES
The biggest change in the RBNZ statement was dropping the reference “need for higher rates” The bank expects to keep the OCR on hold for some time RBNZ: The high exchange rate, low global inflation, and falling oil prices are causing traded goods inflation to be very weak RBNZ: Headline annual inflation is expected to be below the […]
Labor market conditions have improved further Inflation has declined further below the Committee’s longer-run objective, largely reflecting declines in energy prices Inflation is anticipated to decline further in the near term, but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further if incoming information […]
Fed leaves the key rate unchanged, as expected The post Fed: No change to monetary policy appeared first on www.forextell.com.
Well actually is would be much more of a surprise if they actually differed from each other. The logic being I suppose that if you get it wrong, at least everyone else got it wrong also! The consensus remains that February is probably a bit early for an actual cut and we will probably get […]
I’ve probably been a bit too outspoken on Twitter talking about trades being a ‘punt’ (gambling, for you non Aussies). Recently we’ve had the SNB playing their peg games and Draghi announcing QE for the Eurozone. What I’m critical about is taking trades around these sorts of news events where you know if something doesn’t […]
There has been some profit taking on USD long positions ahead of FOMC and the USDX is still trading below last week’s high. Some mixed US data overnight has not helped the long USD trade either. The EURX is still trading higher but this balance will most likely shift after tonight’s FOMC. Liquidity has dried […]
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