The NZD/USD pair has faced barricades around 0.6500 and has slipped to near 0.6460 in the early European session. Mounting uncertainty ahead of the US Personal Consumption Expenditure (PCE), which is due in the New York session, has diminished the risk appetite of the market participants.
The US PCE is expected to remain stable at 7% but stability in the catalyst at elevated levels is itself a cause of worry for the Federal Reserve (Fed). Higher PCE levels dictate higher spending on durable and non-durable goods from the households, which could let inflationary pressures anchored at higher levels. No wonder, this will compel Fed chair Jerome Powell to dictate a mega rate hike along with an extremely hawkish stance for the upcoming monetary policies.
On the dollar front, the US dollar index (DXY) has established above 102.00 and is expected to remain sustained higher amid a rebound in the negative market sentiment.
Meanwhile, the kiwi dollar is also facing the headwinds of renewed recession fears. The 50 basis points (bps) rate hike announcement by the Reserve Bank of New Zealand (RBNZ) on Wednesday has pressed the recession button while tackling the ramping up inflation. RBNZ Governor Adrian Orr, in his statement, has warned that recession cannot be ruled out however he is not predicting one. It is worth noting that this is a consecutive jumbo rate hike by the RBNZ.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.