NZD/USD edges higher after the Reserve Bank of New Zealand lowered interest rates by 25 basis points, as widely expected. The rate cut reflects the…
NZD/USD climbs to around 0.5580 in Tuesday’s Asian session. Traders move to price in five Fed rate cuts by year-end. China’s central bank said it…
AUD/USD consolidates around 0.6250 after the RBA left interest rates unchanged at 4.1%, as expected. The RBA lacks confidence whether inflation is on track towards…
The Australian Dollar drifts higher in Tuesday’s Asian session. China’s Caixin Manufacturing PMI rose to 51.2 in March vs. 51.1 expected. Traders will closely watch…
AUD/USD plunges to near 0.6235 as the Australian Dollar underperforms its peers. The RBA is expected to keep interest rates steady at 4.1% on Tuesday.…
The Mexican Peso falls as traders brace for a 50-basis-point rate cut amid signs of cooling inflation and weak economic activity. Banxico expected to slash…
Mexican Peso strengthens by over 0.6% as US tariff measures seen as targeted and not broad-based. Mexico’s inflation cools and the economy shrinks, reinforcing speculation…
Federal Reserve (Fed) Bank of New York John Williams noted during an appearance at the Biennial Macroeconometric Caribbean Conference, in Nassau, that the Fed’s job of forecasting…
The US Dollar trades stronger against most major peers on Thursday. Traders see the Fed sticking to its projected cutting cycle for 2025. The US…
USD/CHF weakens to around 0.8760 in Thursday’s Asian session. The Fed held its benchmark overnight rate steady in the 4.25%-4.50% range. The SNB is expected…