EUR/USD 1.17268
0.243%
Gold 4759.54
-0.124%
Oil 90.663
-1.384%
USD/JPY 159.298
0.203%
GBP/USD 1.34677
0.244%
GBP/JPY 214.543
0.466%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 13, local time, the Houthi rebels in Yemen issued a statement on April 12, stating that any new round of US military escalation in the region would negatively impact global supply chains, energy prices, and the world economy. The statement indicated that if the US and Israel launch another attack on Iran and the "resistance front," the Houthis remain steadfast and will participate in related military operations with even greater intensity.European Commission President Ursula von der Leyen: The heart of Europe beats even stronger tonight in Hungary.Hungarian opposition leader Maujólfa: Hungarian Prime Minister Viktor Orbán has called to congratulate us on our victory in the election.On April 13, several Israeli media outlets reported, citing senior Israeli defense officials, that the Israeli military had entered a "high alert" state, preparing for the resumption of military operations against Iran, as well as for a possible Iranian attack on Israel. As of now, the Israeli military has not commented on these reports.On April 13th, local time, on April 12th, after concluding his trip to Pakistan, Ghalibaf, the head of the Iranian delegation participating in the US-Iran negotiations in Islamabad, stated that the Iranian delegation had engaged in very in-depth, serious, and challenging discussions. Benefiting from the support of experts present, the delegation meticulously designed a series of measures to demonstrate Irans sincerity from a comprehensive and multifaceted perspective. He also stated that the Iranian delegation made it clear from the outset that it did not trust the Americans. The US must win Irans trust. Ghalibaf also responded to Trumps latest remarks on Iran, saying that such threats have no impact on the Iranian people. If the US wants to find a way out, the only way is to make a decision and win the trust of the Iranian people. Ghalibaf pointed out that if the US provokes, Iran will retaliate. Iran will not yield to any threats.

NZD/USD falls rapidly from 0.6260 when the RBNZ announces a decline in inflation projections to 3.07 percent

Daniel Rogers

Aug 08, 2022 12:00

 截屏2022-08-08 上午11.52.29.png

 

The NZD/USD pair has encountered selling pressure while attempting to surpass the immediate resistance level of 0.6260. The asset has seen bids after the Reserve Bank of New Zealand (RBNZ) announced inflation estimates at 3.07 percent, down from 3.29 percent previously. It could be an indication of waning price pressure, but additional evidence is still needed to support the argument.

 

Price pressures in the New Zealand economy are increasing and have not yet shown signs of weariness. A June report indicates that an inflation rate of 7.3% is adequate to generate headwinds for families. The RBNZ is consistently escalating its policy tightening measures to combat the same. RBNZ Governor Adrian Orr has already increased the Official Cash Rate by 2.50 percentage points.

 

On the front of the US dollar, the US dollar index (DXY) has returned all intraday gains and is currently trading near the day's open at 106.60. While attempting to break over the crucial resistance level of 106.80, the DXY has encountered selling pressure. This week, investors' attention is centered on Wednesday's release of the US Consumer Price Index (CPI).

 

The annual inflation rate is projected to continue at 8.7 percent, down from 9.1 percent in the previous report. Oil prices have been on a downward trend in July, which may be the determining factor for a significant decline in the price increase index. While the US CPI excluding volatile food and oil prices may increase from 5.9 percent to 6.1 percent, the previous reading was 5.9 percent.

Suggestion