New Zealand’s (NZ) inflation expectations accelerated on a 12-month and a two-year time frame for the second quarter of 2025, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey…
NZD/USD gains ground as RBNZ Inflation Expectations rose to 2.29% quarter-over-quarter in Q2, up from 2.06% prior. The risk-sensitive NZD has found support amid easing…
GBP/USD shed a few points to hold in rough congestion zone near 1.3300. UK GDP figures beat expectations, and US PPI inflation also eased more…
The Japanese Yen remains on the front foot against a softer USD for the third straight day. Bets that the BoJ will hike rates again…
Fed holds rates steady, Powell signals patience and data-dependence. Markets unwind rate-cut bets as Fed tones down preemptive easing. AUD/USD drops sharply to 0.6430 after…
ISM Services PMI increased to 51.6 in April, surpassing consensus. The US Dollar started the week on a back foot around 99.50. Economic activity in…
Pfizer PFE shares spiked +3% in Tuesday’s trading session as the pharmaceutical giant was able to crush its Q1 earnings expectations this morning. Still, Pfizer stock…
Euro (EUR) is soft, down 0.3% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD strength, Scotiabank’s…
The major currency rates have remained relatively stable overnight following on from last week’s modest rebound for the US dollar. It brought an end to…
AUD/JPY depreciates as the AUD comes under pressure, driven by growing RBA’s rate cut expectations in May. The Australian Dollar may find support from signs…