In an editorial article for a New Zealand media outlet on Sunday, the Reserve Bank of New Zealand (RBNZ) Governor Orr said: “we are ready to act furth
Australian PM Morrison announces $38 bln, second stimulus measures to combat the coronavirus impact
Australian Prime Minister (PM) Scott Morrison said in Canberra on Sunday, the government will pump in A$66.4 billion ($38.50 billion) into the economy
RBNZ Gov Orr says the Bank is ready to act further, has more firepower in reserve
Reserve Bank of New Zealand Governor Orr writing in on Sunday. NZ media Some of his key points: Similar steps have been taken by central banks around the globe.
Coronavirus – White House Economic Advisor Kudlow says stimulus package under negotiation around 2tln USD
Larry Kudlow, director of the U.S. National Economic Council, spoke before heading into further negotiations: – Said the economic stimulus package under negotiation will total more than $2 trillion. —
Coronavirus – German fin min Sholz flags emergency budget of more than EUR150b
cite unnamed government sources for Finance Minister Olaf Scholz says the debt ceiling will be raised. Reuters On the stimulus package: – will include a supplementary government budget of 156bn euros Totalling those up comes to 750bn EUR.
EUR/CNH – Currency exchange rate forecast 23.08.2019: below its lower Bollinger band
<p>Alternative scenario: above 7.86, look for 7.87 and 7.89. Our pivot point stands at 7.86. Our preference: the downside prevails as long as 7.86 is resistance. Alternative scenario: above 7.86, look for 7.87 and 7.89. Comment: the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or […]
EUR/CHF – Currency exchange rate forecast 23.08.2019: the upside prevails as long as 1.0900 is support
<p>The configuration is positive. Our pivot point stands at 1.0900. Our preference: the upside prevails as long as 1.0900 is support. Alternative scenario: below 1.0900, expect 1.0881 and 1.0870. Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above bot
EUR/AUD – Currency exchange rate forecast 23.08.2019: below its lower Bollinger band
<p>The MACD is negative and below its signal line. Our pivot point is at 1.6411. Our preference: the downside prevails as long as 1.6411 is resistance. Alternative scenario: above 1.6411, look for 1.6466 and 1.6499. Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, […
CHF/JPY – Currency exchange rate forecast 23.08.2019: the downside prevails as long as 108.30 is resistance
<p>Alternative scenario: the upside breakout of 108.30 would call for 108.62 and 108.80. Our pivot point stands at 108.30. Our preference: the downside prevails as long as 108.30 is resistance. Alternative scenario: above 108.30, look for 108.62 and 108.80. Comment: the RSI is below 50. The MACD is below its signal line and negative. The [&he
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