The week ahead – RBNZ rate decision, USD, AUD and JPY inflation data

From gomarkets.com

FX markets enter the new week with market sentiment firmly risk-on with all-time highs seen in US and Japanese indexes after a blowout earnings report from AI darling Nvidia (NVDA) sent stocks surging. Ahead this week we have key inflation data out of the US, Australia and Japan along with a RBNZ rate decision which is certainly in play. The Charts to watch this week Gold – XAUUSD Despite the buoyant market sentiment gold gained last week as the USD chopped around without real direction. XAUUSD finding good support at the 2020 USD an ounce level in the second half of the week. This will be a key level to watch ... (full story)