Inaya
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New Zealand’s CPI inflation steadies at 2.2% YoY in Q4 vs. 2.1% expected
New Zealand’s Consumer Price Index (CPI) rose 2.2% YoY in the fourth quarter (Q4) of 2024, compared with the 2.2% increase seen in the third quarter, according to the latest data published by Statistics New Zealand on Wednesday. The market consensus was for a growth of 2.1% in the reported period. T
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Top Secrets of Gold Trading from JustMarkets analytics
Gold has long been a popular asset for traders, known for its high liquidity, strong correlation with economic factors, and role as a safe investment. However, over the past few years, gold has become a top asset due to the rise of geopolitical instability and macroeconomic crises. Gold trading is a
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GBP: Staying offered – ING
EUR/GBP is staying bid near the recent high of 0.8450/60, ING's FX analyst Chris Turner notes. Above 0.8450/60, EUR/GBP can see 0.8500"While we (and the UK sovereign credit default swap market) do not think this is a Liz Truss-style moment for UK sovereign risk, we do think the solution to the curre
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Japanese Yen bulls have the upper hand amid firming BoJ rate hike expectations
The Japanese Yen strengthens in reaction to the upbeat Core Machinery Orders data. Firming expectations for an additional BoJ rate hike this week also underpin the JPY. Bets that the Fed will cut interest rates further weigh on the USD and the USD/JPY pair. The Japanese Yen (JPY) attracts some dip-b
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XAU/USD 17 January 2025 Intraday Analysis
#XAU/USD# H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price has finally printed a bullish iBOS in accordance with scenario one of my analysis dated 16 December 2024. Price Action Analysis: After bullish iBOS, we expect bearish pullback. First indication, but not confirm
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EUR/USD stabilises as US inflation cools without major surprises
Following a nervous session last night, the EUR/USD pair is trading near 1.0285 on Thursday morning. The market is now stabilising. Key developments influencing EUR/USD US inflation data showed moderate growth, aligning with expectations. As forecast, the Consumer Price Index (CPI) rose by 0.4% m/m
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Australian Dollar rises amid strong commodity prices
The Australian Dollar has rebounded from 0.6131, its lowest level since April 2020. The AUD receives support from strong commodity prices. The US Dollar receives support from rising odds of the Fed maintaining rates in January. The Australian Dollar (AUD) extends its gains against the US Dollar (USD
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Modine Manufacturing Co. $MOD Update: 5 Waves Ended – Corrective Pullback Underway
Hello Traders! In today’s update, we’ll revisit the Elliott Wave structure of Modine Manufacturing Co. ($MOD) and provide insights into the next phase of its price action. You can check the last article here. As anticipated, the 5-wave impulsive cycle from May 2023 has concluded, and a corrective pu
Pull-up Update
