Wednesday, 10 March 2021

NZD/USD, AUD/NZD In Focus as Inflation-Induced Moves Spur Rotation Within Equities

NZD/USD and AUD/NZD face technical challenges with major trendlines in focus. A flop in US inflation data sent Treasury yields lower, spurring rotation out of tech and into value on Wall Street.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...