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More from RBNZ’s Spencer – says NZD is in vicinity of fair value

<p>Reserve Bank of New Zealand  acting governor Grant Spencer<br> Speaking at the news conference<br> -  NZD is in vicinity of fair value<br> - have seen stronger traded goods inflation because of lower exchange rate, higher commodity prices</p> <p>The post <a rel="nofollow" href="http://forex.wine/more-from-rbnzs-spencer-says-nzd-is-in-v...
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NZD adding a bit as the RBNZ press conference continues

Headlines from the news conference (so far) are here: RBNZ's Spencer says economic outlook is very positive The presser follows the policy announcement earlier and publication of their MPS (see that link above for more) The post NZD adding a bit as th...
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US major indices closing higher. All major indices close at record highs once again

<p>Nasdaq leads the way today <br> All three major indices closed higher today, and all three also closed at record levels.<br> The bank stocks continued to under perform despite a small increase in yields.  JP Morgan fell  -1.12% and Citigroup ...
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ForexLive Americas FX news wrap: Hawkish hold from the RBNZ

<p>Forex news for US trading on November 8, 2017:<br> Markets:<br> - Gold up $6 to $1281<br> - WTI crude down 41-cents to $56.79<br> - US 10-year yields up 1.4 bps to 2.32%<br> - S&P 500 up 4 points to 2594<br> There was talk the RBNZ could take out any hi...
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RBNZ’s Spencer says economic outlook is very positive

<p>Reserve Bank of New Zealand  acting governor Grant Spencer<br> Speaking at the news conference following the earlier policy announcement and Monetary Policy Statement release</p> <p>The post <a rel="nofollow" href="http://forex.wine/rbnzs-spencer-says-...
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What President had the biggest first year gain?

One year since Trump was elected president Trump has been President for a year, and love him or hate him, the stock market has been on fire.   How did Trumps Dow return of 28% stack up historically? The post What President had the biggest fir...
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Ex-Trump adviser Carl Icahn hit with subpoena

Carl Icahn's firm has been subpoenaed over the billionaire's role as President Trump's special adviser on deregulation.The post Ex-Trump adviser Carl Icahn hit with subpoena appeared first on NASDAQ. The post Ex-Trump adviser Carl Icahn hit with subpoe...
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NZD/USD rises on relatively hawkish forecasts

<p>The Reserve Bank of New Zealand is in a transitional period. The previous governor, Graeme Wheeler, is out. In his place, Grant Spencer is only in an interim role. The new government led by Jacinda Ardern is planning a change in the mandate of the cent...
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US Senate will release its tax bill on Thursday and it may include 7 tax brackets

Senate changes coming The Senate is re-writing the House tax bill and we're starting to get an idea of what it will include. The text will be released some time Wednesday, according to John Cornyn, the No. 2 Republican leader. The post US Senate will r...
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Forex technical analysis: NZDUSD moves higher after RBNZ decision

No change in policy  The price reaction post the RBNZ statement has been to the upside. Technically, the NZDUSD moved above it's 100 bar MA on the 4-hour chart at 0.6938. That is now risk for longs.  The post Forex technical analysis: NZDUSD ...
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