Governor Adrian hinted at the possibility of another rate cut in February 2025, citing subdued development. This dovish tone from the Reserve Bank has led to a weakening of the Kiwi against the US Dollar (USD) in the short term. On the global stage,...
EUR/USD keeps trading around the 1.0500 mark in the American session on Tuesday. A negative shift in risk sentiment revived the haven demand for the US Dollar earlier in the day, while tepid US Retail Sales figures put near-term pressure on the...
Germany introduces a temporary budget amid the dissolution of parliament The German Finance Ministry has decided to introduce a temporary budget for the beginning of 2025. The reason for this step was the actual collapse of the coalition government...
Japan’s export slump has raised significant concerns about the nation’s economic health, signaling potential slowdowns in key sectors. At the same time, the BoJ’s lack of clarity on its future policy stance has added an extra layer of...
Moving averages are my favorite technical tools for identifying trend, they are simple but yet effective because you can try different parameters and see how they work...
