Moderna rocketed after an announcement that the vaccine maker is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level, moving New Zealand closer to an interest-rate increase. NZD/USD rocketed!
Tag - nzd - new zealand dollar
Traders were shocked by the US inflation figures and now await the testimony of the Fed’s Chair Jerome Powell. The NZD jumped after the RBNZ meeting, while the CAD awaits the meeting of the Bank of Canada.
The earnings season starts today! Traders await reports from JPMorgan and Goldman Sachs at 14:00 and 14:30 GMT+3, respectively, and PepsiCo at 13:00 GMT+3.
Traders await the US inflation data, oil's dealing with OPEC+ uncertainty, the earnings season starts in America, while New Zealand's and Canada's central banks will set policy.
Oil has surged as OPEC+ members failed to make a deal. EUR/USD, NZD/USD, and gold are edging higher. Watch the video to learn more!
NZD/USD has returned above the 50-week MA at 0…
While China is trying to cool off commodity markets and the US is tapering inflation, some stocks will see their earnings reports on Wednesday, and the NZD will have its interest rate released. Tune in!
Wacth the video to get the full market wrap!
Weekly market update on the USD, the GBP, and the stocks
Time to case-test a triangle chart formation with NZD/USD
This currency pair is now between the two MAs at the key resistance level - will it break it?
After the words of Fed Chair Jerome Powell, the market has got confidence.