Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
U.S. indices dropped amid oil price decline as pandemic concerns rice
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is now testing the upper level of the cloud. A successful attempt to exit the Kumo will lead the exchange rate into higher ground.
US Market View
U.S. indices dropped amid oil price decline as pandemic concerns rice. Commodities declined as well. China, the world’s second largest economy has implemented new measures including flight cancellations.
Bitcoin’s price reached the level of $46.000, the highest level since May. Ethereum also broke through $3.000.
Investors are awaiting key inflation data scheduled for release this week.
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.