BTC/USD Analysis: New High for the Year Shows Bulls Are Indecisive

The NZD/USD exchange rate has dropped from its highest level in nearly five months. On Wednesday, following the release of US inflation data, the NZD/USD rate exceeded 0.6220 for the first time since 15 January 2024. However, today the rate has fallen approximately 1.3% from Friday’s peak, suggesting that the market’s reaction to the US […]

In focus today Focus in the euro area is on retail sales for December. Private households are still cautious with spending despite the strong labour market and large savings from the previous years. We expect private consumption to improve during 2024 as real income rises, but the December 2023 print will likely show muted retail […]

Japan’s Nikkei225 index hit new highs since February 1990 on Thursday morning and climbed above 35000. The rise accelerated sharply this week after breaking above the 34000 level, which acted as resistance in the second half of 2023. The fundamental reason for buying was the dramatic drop in expectations that the Bank of Japan would […]