Giuseppe Dellamotta
NZDUSD Technical Analysis – Dovish Fed bets keep on weighing on the dollar
- The NZDUSD extended the gains into new highs recently following the US CPI report as the data wasn’t strong enough to trigger a reassessment. What’s next?
Gold Technical Analysis – The rangebound price action continues
- Gold remains rangebound as traders await strong catalysts to trigger a breakout. What’s next?
What are the main events for today?
- The highlights include the US PPI and the US Jobless Claims data
Nasdaq Technical Analysis – All-time highs for breakfast
- The Nasdaq extended the gains into new all-time highs as traders go all-in on a September cut. What’s next?
US Bessent: There's good chance of 50 basis point rate cut for the Fed
- Further remarks from the US Treasury Secretary, Scott Bessent
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