Logo-color Logo-white

Business sentiment has continued to charge higher as interest rate pressures ease, but activity remains soft for now. Key results (September 2024) Business confidence: 60.9 (Prev: 50.6) Expectations for own trading activity: 45.3 (Prev: 37.1) Activity vs same month one year ago: -18.5 (Prev: -23.1) Inflation expectations: 2.92% (Prev: 2.92%) Pricing intentions: 42.8 (Prev: 41.0) […]

The post NZ First Impressions: ANZ Business Confidence, September 2024 appeared first on Action Forex.

previous

Weekly Economic & Financial Commentary: Consumer in the Spotlight

next

CADCHF Wave Analysis

Read More

13/05/2024

EV Trade Spat Flares Up Amid US Tariff Hike

In focus today Today will be quiet on the data front, with no major releases scheduled. The focus for remainder of the week will primarily be on US inflation for April, due Wednesday. Tuesday sees the release of US April PPI, which could give hints on the forthcoming CPI report. In Europe, the German ZEW […]
21/02/2024

EURJPY Wave Analysis

EURJPY broke resistance level 161.80 Likely to rise to resistance level 164.00 EURJPY currency pair continues to rise steadily after the price broke the resistance level 161.80 (which stopped the previous minor impulse wave 1 in the middle of January). The breakout of the resistance level 161.80 accelerated the active short-term impulse wave iii of […]
27/12/2023

GBP/USD Seems Primed For More Gains Above 1.2800

Key Highlights GBP/USD is eyeing more gains above the 1.2750 level. A major bullish flag is forming with resistance near 1.2725 on the 4-hour chart. EUR/USD is gaining bullish momentum above the 1.0980 zone. Oil prices could gain pace for a move toward the $78 level. GBP/USD Technical Analysis The British Pound formed a base […]