New Zealand Interest Rate Decision Due On Wednesdayfxcue.com

(fxcue news) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent. China will release June numbers for consumer and producer prices. Overall CPI is expected to by flat on month and rise 0.4 percent on year after dipping 0.1 percent on month and adding 0.3 percent on year in May. Producer prices are expected to sink 0.8 percent on year after slumping 1.4 percent in the previous month. South Korea will see June figures for unemployment; in May, the jobless rate was 2.8 percent. Japan will provide June data for producer prices, with forecasts suggesting an increase of 0.4 percent on month and 2.9 percent on year. That follows the 0.7 percent monthly increase and the 2.4 percent yearly gain in May. Australia will release May figures for building approvals, with forecasts suggesting an increase of 5.5 percent on month following the 0.3 percent contraction in April.

New Zealand Interest Rate Decision Due On Wednesday

Major European Markets Close Weak

Swiss Market Ends Modestly Higher

European Shares Set To Open Mostly Lower; FTSE 100 May Rise

New Zealand Interest Rate Decision Due On Wednesday

Australian Market Notably Lower

Sensex

Sensex

U.S. Stocks Close On Mixed Note; Nasdaq

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EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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New Zealand Interest Rate Decision Due On Wednesday

Major European Markets Close Weak

Swiss Market Ends Modestly Higher

European Shares Set To Open Mostly Lower; FTSE 100 May Rise

New Zealand Interest Rate Decision Due On Wednesday

Australian Market Notably Lower

Sensex

Sensex

U.S. Stocks Close On Mixed Note; Nasdaq

Please sign in

Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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