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In focus today In the euro area, we receive the Sentix investor confidence indicator, which is the first indicator of investor sentiment in September. Overnight, Chinese trade data for August is released. While exports recovered during H1, momentum has faded due to a weaker global manufacturing sector. Hence, one of China’s few growth drivers in […]

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News of the Week (September 9—September 13): EURJPY Market Spotlight

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01/05/2024

NZ Dollar Shrugs After Soft Jobs Report

The New Zealand dollar has steadied on Thursday, after a sharp decline of 1.5% a day earlier. NZD/USD is trading higher 0.08% on the day at 0.5890, at the time of writing. New Zealand’s employment declines New Zealand’s labor market is showing signs of cracks. Employment in the fourth quarter declined by 0.2% q/q, down […]
28/06/2024

Sunset Market Commentary

Markets Today’s avalanche of inflation numbers had little surprises in store. Euro area member states France (0.1% m/m, 2.6% y/y) and Spain (0.3% m/m, 3.5% y/y) reported theirs ahead of the June European figure next Tuesday. Both printed bang in line with expectations, suggesting an outcome close to the European consensus of 2.5%. US May […]
19/06/2024

Market Analysis: AUD/USD and NZD/USD Sight Steady Increase

AUD/USD is attempting a recovery wave from 0.6590. NZD/USD could gain bullish momentum if there is a clear move above the 0.6150 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar found support near 0.6590 and is now recovering against the US Dollar. There was a break above a key bearish trend […]