NZD/USD appreciates as the RBNZ lowered its Official Cash Rate by 25 basis points, as expected. RBNZ’s Hawkesby noted that inflation is in the target…
Reserve Bank of New Zealand’s (RBNZ) acting Governor Christian Hawkesby explains the decision to lower the Official Cash Rate (OCR) by 25 basis points (bps)…
NZD/USD gains momentum to near 0.6000 in Tuesday’s early Asian session. Investors remain concerned over the mounting US national deficit, which weighs on the US…
The Australian Dollar holds losses after People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. The Reserve Bank of Australia…
AUD/JPY forms bullish engulfing pattern after clearing Ichimoku Cloud, signaling further upside potential. Key resistance seen at Tenkan-sen (93.95), followed by 94.36 and May’s cycle…
AUD/USD trades near 0.6455, up 0.80% on the day amid broad US Dollar weakness. Moody’s downgrade of the US credit rating weighs on the Greenback.…
GBP/USD Weekly Outlook: Pound Sterling aims to resume uptrend in UK inflation week The Pound Sterling (GBP) regained its footing against the US Dollar (USD) after the…
AUD/USD trades near 0.6400 with a cautious tone ahead of RBA rate decision. US consumer sentiment weakened, while inflation expectations climbed, adding to market uncertainty.…
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Wednesday that June’s interest rate decision will depend on incoming data. Nagel explained…
EUR/GBP falls sharply to near 0.8470 as the BoE retains a gradual rate-cut cycle approach and raises GDP growth forecasts for the year. The BoE…