Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone

Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone
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Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone
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25-Basis Point Interest Rate Cut at the South African Reserve Bank January 30, 2025 South Africa’s policy interest rate, as expected, was cut today. The reduction to 7.50% from 7.75% was by the same increment as the previous and first cut done at November’s policy review. Previously, the interest rate had crested and stayed at…
The gold price surge continued on April 21, 2025, as gold hit a record high of $3,385 per ounce. This milestone came amid a weakening U.S. dollar and renewed global trade tensions. Investors are increasingly turning to gold as a safe-haven asset, signaling market uncertainty and shifting investment strategies. Gold Price Increase Driven by Dollar…
Pivot Points and Trading Sessions Forex Trading Strategy emerges as a crucial tool for traders seeking to enhance their market analysis. Pivot Points are essential levels that traders use to identify potential turning points in the market. They serve as indicators of support and resistance, offering insight into where the price may reverse or continue…
Friday is coming, but Israel is attacking Lebanon Note: Please get yourself updated with the current status of this war, as it will update per second; any volatility from the next morning will get the charts to the highest levels. Stay highly cautious. Data: 🔵 Market Theme Geopolitical Optimism vs. Inflation Persistence. Global…
As we reported on 3 February, the decision by the US president to impose 25% tariffs on goods imported from Canada sent the USD/CAD rate soaring to a 22-year high. However, after a round of negotiations between Donald Trump and Justin Trudeau, the tariff implementation was postponed by a month, which was reflected in the…
2024.09.20 2024.09.20 XAU/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2472.80 with a growth target of 2700.00 – 2800.00. A buy signal: if the price holds above 2472.80. Stop Loss:…