Month: November 2024

The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points from 4.75% to 4.25% in November, marking its second consecutive 50bps rate cut after October’s…

The Australian Bureau of Statistics (ABS) showed headline inflation rising by 2.1% from a year ago in October, unchanged from September’s reading and slower than August’s 2.7% increase. Analysts had expected price…

It was truly a busy session as traders showed mixed reactions to Trump’s tariff threats, economic data releases, and very positive geopolitical developments. What were the key drivers moving financial markets today?…

Our first two trade management case study ideas have put us into two fresh positions in CAD/CHF & EUR/GBP. Let’s take a quick look to see what’s happening and whether or not…

Is that a head and shoulders pattern I’m seeing on the 4-hour chart of spot gold? Or is the longer-term climb more likely to resume soon? Take a look at these inflection…

Expectations are for the RBNZ to slash rates by another 0.50% this week, as inflation and employment have been lagging. Our Event Guide for the November RBNZ Decision also discussed…

Word on the street is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news? We’re…

Markets showed notable volatility on Monday, likely influenced by the announcement of Scott Bessent as the upcoming U.S. Treasury Secretary nominee, while traders also digested mixed economic data and geopolitical developments. What…

Some days most forex pairs are just going in one particular direction and it makes no sense to go against the herd. However, if you’re a fan of picking tops or bottoms…

This week our currency strategists focused on the Canada’s CPI Report (October 2024) and U.K. CPI Report (October 2024) for potential high-quality setups. Out of the eight scenario/price outlook discussions this week,…