After the death cross was confirmed earlier this week, to test critical support near $ 1,805 with a 200-day moving average (DMA) and 50 DMA match, it lasted below the January 19 low of $ 1,810. A break is needed. This level also brings a wedge support line.
The US Federal Reserve (Fed) matched extensive marketplace forecasts even as maintaining the benchmark...
The New Zealand dollar has recorded sharp gains on Wednesday. In the European session, NZD/USD is trading at 0.7303, up 1.02% on the day.
As was widely expected, the Reserve Bank of New Zealand maintained its policy settings and kept the Official Cash Rate (OCR) at 0.25%. The RBNZ also upgraded its economic forecasts for 2o21. This was not a surprise, given the...