NZD/USD is trading at 0.6139, 0.52% down since the previous day’s close. The NZD/USD pair continues to decline on Friday during the Asian session, trading at 0.6155. There is some selling pressure on the pair due to the stronger NZD data PMI Reserve Bank of New Zealand stated that it does not intend to lower interest rates in 2024 and that a rate reduction is unlikely until the middle of 2025. Even with the current economic difficulties, officials have cautioned that rising inflation concerns still exits nearest support level of 0.6096.

US100 is trading at 19026. 0.08% up since previous day close. The Nasdaq moved higher on Thursday afternoon as technology firms surged Expectations of a September rate decrease were bolstered by the fact that last week saw a spike in the number of Americans submitting new claims for jobless benefits and another report showing producer prices unexpectedly declined in May. Following the release of the inflation and blue-chip reports, the US100 has continued its positive trend. Over the past three days, it has risen 500 points; the closest support is 19072, and it will now reach a new high of $20,000.

SILVER is trading at 29.07, 0.35% up since previous day close. Silver initially fell during the trading session on Thursday but has since bounced from the 50-day EMA in a technically driven move, but also driven by the PPI numbers in the United States missing the expected results. then I believe that silver really starts to take off to the upside, perhaps reaching towards the $32 level. Underneath, of course, we have the 50-day EMA, but we also have the $28.50 level, both of which could offer significant support.