RBNZ Maintains Wait-and-See Approach Despite CPI Indications
RBNZ Maintains Wait-and-See Approach Despite CPI Indications The Reserve Bank of New Zealand (RBNZ) continues to adopt a cautious approach, refraining from making immediate changes to its monetary policy despite the latest inflation data. This wait-and-see stance comes even as the Consumer Price Index (CPI) shows signs of an inflationary trend. In parallel news from […]
Inflation hits 6% amid falling petrol prices and high-interest rates, despite sustained domestic inflation
Inflation hits 6% amid falling petrol prices and high-interest rates, despite sustained domestic inflation Inflation in New Zealand dropped to an annual rate of 6% in the June quarter. This decline was largely driven by high interest rates affecting household budgets and a decrease in petrol prices. However, domestic inflation remains stubbornly high, despite these […]
GBP/JPY drops 100 pips below 181.00 due to poor UK inflation, yields
GBP/JPY drops 100 pips below 181.00 due to poor UK inflation, yields The GBP/JPY currency pair saw a considerable drop of 100 pips to below 181.00, driven primarily by disappointing UK inflation data and weaker Treasury bond yields. The pair dipped further to around 180.80 in the early hours of Wednesday morning in London, reflecting […]
Best 5 Things You’ll Learn Becoming a Successful Trader
Best 5 Things You’ll Learn Becoming a Successful Trader The exciting world of Forex trading offers tremendous opportunities for monetary success and personal growth. The quest to become a successful trader is indeed challenging, but with the right mindset, strategies, and tools, one can master the market complexities. This blog will delve into five crucial […]