Economic News Category

NZDUSD, What’s(expected) next for this pair Wednesday the 13th July, the Reserve Bank of New Zealand is expecting the increase of cash rate to 2.5% by increasing the cash rate by 50 points. For the first time in past 2 years NZDUSD finished below .6200. The cause of the fall of NZDUSD is global fears

UK PM Boris Johnson says he will resign After several of high profile cabinet member. Resigned, PM Boris said he will resign from his current positions, until the new leader, who will take place on. Next month till than he will stay on his current position. On press conference Boris said he will step down

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY JPY: Household Spending y/y, it measures change in the inflation-adjusted value of all expenditures by consumers. JPY: Current Account, it measures difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month. JPY: Economy Watchers Sentiment, it measures level

Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF, USD/GBP AUD: AIG Services Index, it measures level of a diffusion index based on surveyed service-based companies. AUD: Trade Balance, it measures difference in value between imported and exported goods and services during the reported month. JPY: 30-y Bond Auction, it measures average yield on a 30-year bond

GBP/USD Battered by US Dollar Strength EUR: German Factory Orders m/m, it measures change in the total value of new purchase orders placed with manufacturers. GBP: MPC Member Pill Speaks, BOE MPC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding