RBNZ Raises OCR from 2.75% to 3.00%The Reserve Bank of New Zealand (RBNZ) was expected to raise the Official Cash Rate (OCR) from 2.75% to 3.00%. This is the 2nd rate hike from the 2.50% OCR that persisted since March, 2011. The RBNZ statement noted inflationary pressure several times, so it might pay to pay extra attention to inflation data […]
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Share AUD AUD/USD Fell Sharply After Lower Q1 Inflation Growth Fan Yang 9:32 AM EDT April 23rd, 2014 CPI growth in Australia came in at 0.6% for Q1. The previous quarter’s reading was 0.8%, and so was economists’ forecast for Q1. CPI in Q1 from a year earlier grew 2.9%, missing the 3.2% […]
If this sounds like its the course for you, Kaplan Online Higher Education has teamed up with the Australian Technical Analysts Association. The combination of expert knowledge from both facilities aims to provide students a deep understanding of technical analysis that is globally recognised. If this sparked your interest, take a look at the two subjects that you will study […]
Namecoin continues to hover around 2.5 this week, carrying on from last week, although we could see some bears pick up momentum fairly soon. Let’s remind ourselves of what happened last week on NMC/USD, since it’s imperative we have this in mind for our current analysis. I’m pasting here the Fibonacci extension study from last week (click to expand): […]
At Admiral Markets we believe that continuous education is the key to success in trading Forex, stocks and other financial instruments; therefore, our mission is to provide both beginners and experienced traders with numerous educational opportunities: e-books, webinars, seminars etc. To fulfil this purpose, Admiral Markets was delighted to organize a series of seminars in the Baltic states – Lithuania, […]
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Bitcoin started at 483 in the early hours of this morning, rising to a high of just over 500, but as I type, price has come back down to 483 again – there is a clear struggle between the bulls and the bears, each of them attempting to set the tone for this coming week. Let’s take a closer […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe trading action has been limited and volume low during the overnight session, but the June E-mini Russell 2000 Index is still managing to hold on to a small gain. With the index within striking distance of a key retracement zone, investors are going to […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereJune E-mini S&P 500 Index futures are trading slightly better in the pre-market session. Traders failed to take out last week’s high at 1863.75, indicating trader indecision.The main trend is down on the daily chart, but taking out the swing top at 1867.50 will turn […]
