acetraderfx
AceTrader.com Representative
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Intra-Day Market Moving News and Views USD/JPY, NZD/USD
24 Apr 2014 02:14GMT
NZD/USD - 0.8630 ... New Zealand's central bank raised its benchmark cash rate by 25 basis points to 3.00 percent earlier today, as widely expected.
RBNZ said there would be further increases to keep on top of inflation pressures in the strongly-growing economy.
New Zealand dollar strengthened to as high as 0.8638 after hawkish statement by Reserve Bank Governor Graeme Wheeler.
24 Apr 2014 01:57GMT
USD/JPY - 102.45 ... Although the greenback has staged a rebound to 102.57 in Australian morning today after yesterday's cross-inspired retreat from 102.69 to 102.17 (Europe), renewed selling below 102.55/60 capped dlr's upside n more offers are tipped at 102.65/70 with stops only seen above 102.75.
Nikkei-225 index pared some of early losses n currently dropped by 16 points to 14530.
Trading is likely to be thin today as investors are waiting for Friday's release of Tokyo CPI data, the first reading after the sales tax increase.
Besides, BOJ board members will set policy on April 30, when they will release their latest forecasts on inflation and economic growth.
24 Apr 2014 02:14GMT
NZD/USD - 0.8630 ... New Zealand's central bank raised its benchmark cash rate by 25 basis points to 3.00 percent earlier today, as widely expected.
RBNZ said there would be further increases to keep on top of inflation pressures in the strongly-growing economy.
New Zealand dollar strengthened to as high as 0.8638 after hawkish statement by Reserve Bank Governor Graeme Wheeler.
24 Apr 2014 01:57GMT
USD/JPY - 102.45 ... Although the greenback has staged a rebound to 102.57 in Australian morning today after yesterday's cross-inspired retreat from 102.69 to 102.17 (Europe), renewed selling below 102.55/60 capped dlr's upside n more offers are tipped at 102.65/70 with stops only seen above 102.75.
Nikkei-225 index pared some of early losses n currently dropped by 16 points to 14530.
Trading is likely to be thin today as investors are waiting for Friday's release of Tokyo CPI data, the first reading after the sales tax increase.
Besides, BOJ board members will set policy on April 30, when they will release their latest forecasts on inflation and economic growth.