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AUD/NZD stages crushing decline

The 1-hour AUD/NZD MACD series is sitting at extreme lows.

Recent plummeting AUD/NZD price action has been highlighted by an above-average distance between MACD and its signal line. From a strategic standpoint, there could be further stomach-churning dips to endure, as well as brief relief rallies. The latest MACD print shows dissipation of downside momentum, thus reinforcing the second scenario.

S&P affirms Ireland at A+; outlook stable

Rating agency Standard & Poor’s has affirmed Ireland at A+, with a stable outlook.
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Gold jumps more than 2%

Gold prices extended gains and printed a new high at USD 1088.70/Oz, the strongest level since November 16. The value of the metal remains near the highs, consolidating a daily gain of more than 2%, the best performance in more than a month.
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