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The euro strengthens against the dollar after rate cuts and disappointing US employment figures

The Euro strengthens against a weakening Dollar after the Fed’s rate cut. Analysts suggest bullish strategies for EUR/USD, anticipating upward movement despite potential market volatility. Explore trading opportunities now! – vtmarketsmy.com

MoM retail sales via electronic cards in New Zealand rose from 0.2% to 1.2% in November.

New Zealand’s electronic card sales surged 1.2% in November, indicating strong consumer demand. This growth could impact inflation and the Reserve Bank’s rate strategy, delaying cuts into 2026. – vtmarketsmy.com

New Zealand’s electronic card retail sales increased from 0.8% to 1.6% year-on-year in November

New Zealand’s retail sales rose 1.6% in November, indicating improved consumer spending. This resilience may influence the Reserve Bank to maintain higher interest rates, strengthening the Kiwi dollar against the Aussie. – vtmarketsmy.com

The Dow Jones Industrial Average sets a new record as growth stocks rise after a rate cut.

The DJIA reaches a new high as funds shift from tech to growth stocks after rate cuts, but Oracle’s earnings upset raises concerns for the AI sector. Explore trading strategies for volatility. – vtmarketsmy.com

New Zealand’s Business NZ PMI recorded a value of 51.4 in November.

New Zealand’s manufacturing sector shows slight growth with a PMI of 51.4. Meanwhile, the Fed’s rate cuts weaken the USD, boosting gold prices and impacting forex markets. Prepare for volatility ahead! – vtmarketsmy.com

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