Equities Turn Slightly Weaker Near The Top
Equity markets were seen trading rather flat for the third consecutive day. [...]
Trading news
Expert's opinion from FXFinPro
We expect a further fall in prices of NZD / USD
Today, the price of the New Zealand dollar showed a strong decline after the publication of the report on the consumer price index, which in the 4th quarter fell by -0.5%, against growth by 0.3% in the third quarter. The annual inflation rate fell to 0.1%, against 0.4% in the third quarter. It is worth recalling that the target range for the consumer price index is 1-3%, and to achieve it the Reserve Bank of New Zealand may reduce interest rates, which, together with the strengthening of the US dollar will lead to the continuation of the negative dynamics. We expect a further fall in price to 0.6250 and 0.6000 in the near future.
More detailed analytics you can see at our site https://fxfinpro.com/en/analytics
Wednesday, 20 Jan, 2016 / 1:20
Trading news
Euro slips after ECB; stocks stage another comeback
Euro/dollar breaks lower as ECB is a touch more dovish than [...]
Coronavirus Stays in Spotlight; EUR Slides on ECB, EZ and UK PMIs in Focus
Most major EU indices traded in the red for another day, and while the US ones [...]
