Analisi Fondamentale
FUNDAMENTAL ANALYSIS BY NSFX 13.03.2014
Good morning, Yesterday saw New Zealand increase interest rates as had been widely expected, up to 2.75% from 2.5%. Following the announcement of the increase NZDUSD traded to levels not seen in almost a year. Currently trading at 0.8577. Australian figures also showed an improvement in the employment situation, although the 6% rate remained the[...]
FUNDAMENTAL ANALYSIS BY NSFX 12.03.2014
Good morning, Risk aversion was dominant in the Asian session, where equities led the downfall with the Nikkei down 2.6%. Falling commodity prices in the Asia has been the main source for the concern as lack of demand implies a risk of growth falling below expectations. FX Markets were trading in tight ranges, but the[...]
FUNDAMENTAL ANALYSIS BY NSFX 11.03.2014
Good morning, Asian markets saw the Bank of Japan leave interest rates unchanged at 0.1%, and also outlined their plan to continue increasing the money supply by 60-70 trillion JPY per annum. USDJPY was trading at 103.28 with a high of 103.42 and a low of 103.20, while the NIKKEI gained 103.97 points this session[...]