The Reserve Bank of New Zealand Governor, Alan Bollard, said yesterday that he wont be reducing the countrys key interest rate from its record high value in 2008, because the national inflation still remains the major concern. In the fourth quarter of 2007 New Zealand CPI increased 3.2% above the central banks target of 3.0%. In the same time economy grew 3.7% its best expansion since 2004 and […]
Read moreEUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4958 1.5149 1.5475 1.5666 1.5992 1.6183 1.6509 GBP/USD 1.9307 1.9533 1.9739 1.9965 2.0171 2.0397 2.0603 USD/JPY 95.62 97.09 98.11 99.58 100.60 102.07 103.09 EUR/JPY 148.49 […]
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