Trading news

Expert's opinion from FXFinPro

Fall of the New Zealand dollar may resume

The price of the New Zealand dollar showed moderate growth yesterday, despite a sharp fall in the US dollar after the publication of the ECB on monetary policy. As a result of weaker measures to stimulate price inflation in the euro area the world's major currencies went higher against the US dollar, but the effect according to our forecast is temporary, that soon will negatively influence the price of New Zealand currency. It is worth noting that the recent rise in prices for dairy products could be offset by a reduction in interest rates by the Reserve Bank of New Zealand next week. The possibility to reduce the rates is due to the weak inflation of about 0.4%. We expect the price drop the New Zealand dollar in the medium term to the 0.6250 and 0.6000, despite the recent growth.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Friday, 04 Dec, 2015 / 1:28

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

A fair price for aluminum

The aluminum market has been bearish for almost a year. The maximum was last [...]

Posted on Tuesday, 23 Apr, 2019 / 2:08 under

AETOS Market Commentary 23/04/2019

  EURUSD The Euro closed higher on Monday, closing at 1.1259(+15 pips) [...]

Posted on Tuesday, 23 Apr, 2019 / 8:23 under

US Ends Waivers on Iranian Oil, Spotlight Turns to Australia’s CPIs

Oil prices surged yesterday, following reports that the US was ready to end [...]

Posted on Tuesday, 23 Apr, 2019 / 7:53 under