Trading the News: Reserve Bank of New Zealand (RBNZ) Interest Rate Decision According to a Bloomberg News survey, 10 of the 17 economists polled anticipate the Reserve Bank of New Zealand (RBNZ) to retain its current policy in June, but more of the same from Governor Graeme Wheeler and Co. may encourage a further recovery in NZD/USD should the central bank largely endorse a wait-and-see approach for monetary policy. What’s Expected: ...
Crude Oil Daily: bullish trend to 6-month high at 53.95 as a target. The price is located above 100 SMA/200 SMA reversal area for the primary bullish market condition: price is breaking 51.51 resistance level to above for 6-month high at 53.95 as a nearest bullish target to re-enter. If the price breaks 53.95 level to above so the bullish trend will be continuing with 55.54 possible target for breakout. If the price breaks 44.60 ...
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The EUR/USD is trading flat this morning despite a series of news events beating expectations. First EUR German Industrial Production numbers printed better than expected at .8% (MoM) (APR). This was then followed by EUR Euro-Zone Household Consumption printing higher at .6%. However, despite these numbers, the EUR/USD is poised to close the day inside of yesterday’s high and low, with the formation of an inside bar. As prices consolidate, ...
Beyoncé has shared a collection of family photos taken during her recent Houston stop on her Formation tour. The photos, shared via Instagram, show Bey's family gathered at the show and feature her mother, father and sister Solange. more...
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