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Near term inflation expectations have dropped back, but longer-term expectations are up. Inflation expectations One year ahead: 2.05% (Prev: 2.40%, down 35 points) Two years ahead: 2.12% (Prev: 2.03%, up 9 points) Five years ahead: 2.24% (Prev: 2.07%, up 17 points) Ten years ahead: 2.19% (Prev: 2.03%%, up 16 points) The latest survey of inflation […]

The post NZ First Impressions: RBNZ Survey of Expectations, Q4 2024 appeared first on Action Forex.

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08/01/2024

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, and this is supported by the fact that the price is contained within a bearish descending channel. This suggests weakness in the US Dollar. In the short term, there’s a potential for a bearish continuation towards the 1st support level. The 1st […]
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