European Central Bank Looking to Hold Rates

There were 4 key monetary policy decisions made today at the ECB’s Monetary Policy Meeting. It was speculated that the ECB would consider cutting interest rates in order to combat the deflation that was seen in August, but the decision has been made to hold rates for now, therefore confirming their accommodative monetary policy. TheContinue reading “European Central Bank Looking to Hold Rates”

EUR/NZD – Pivotal Resistance Broken

Welcome to another blog by AspireFX. Looking at EURNZD, on the higher time frames we can see that there’s been a shift in momentum to the upside. On the daily time frame we can see that although we’ve created a lower low between the 3-10 July, following that price action we printed a higher lowContinue reading “EUR/NZD – Pivotal Resistance Broken”