admin

Gold’s Record-Breaking Run—Trade Tensions Light the Fire

Key Highlights Gold started a fresh increase and traded to a new record high above $3,350. The current price on the 4-hour chart is still bullish above $3,250. EUR/USD is eyeing more gains above the 1.1420 resistance zone. WTI Crude Oil prices could start a recovery wave if there is a move above the $64.00 […]

The post Gold’s Record-Breaking Run—Trade Tensions Light the Fire appeared first on Action Forex.

Gold’s Record-Breaking Run—Trade Tensions Light the Fire Read More »

Australia jobs rise 32.2k in March, misses expectations

Australia added 32.2k jobs in March, falling short of expectations for a 41.2k increase. The composition of gains was relatively balanced with 15k full-time and 17.2k part-time positions added. Unemployment rate ticked up slightly to 4.1% from 4.0%, coming in better than the expected 4.2%. The modest rise in the jobless rate was largely due […]

The post Australia jobs rise 32.2k in March, misses expectations appeared first on Action Forex.

Australia jobs rise 32.2k in March, misses expectations Read More »

NZ CPI surprises to the upside at 2.5% in Q1, domestic pressures driving

New Zealand’s consumer prices rose more than expected in the first quarter, with CPI climbing 0.9% qoq and accelerating from 2.2% yoy to 2.5% yoy, above forecasts of 0.7% qoq and 2.3% yoy. Nevertheless, this still marks the third consecutive quarter that annual inflation has stayed within RBNZ’s 1–3% target band. Tradeable inflation, reflecting imported […]

The post NZ CPI surprises to the upside at 2.5% in Q1, domestic pressures driving appeared first on Action Forex.

NZ CPI surprises to the upside at 2.5% in Q1, domestic pressures driving Read More »