A September Fed Rate Cut Could Lead to Easing Spree During end-2024
Market prices in at least two rate cuts from Fed ECB, BoE expected to follow […]
NZ Dollar Edges Higher Despite Soft Mfg. Data
The New Zealand dollar is slightly higher on Friday. NZD/USD is trading at 0.6110 in […]
What Would RBNZ Need to See to Start Cutting?
Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than the May Statement. The […]
RBNZ Dovishness Hits Kiwi
The Reserve Bank of New Zealand kept its benchmark interest rate at 5.5% for the […]
AUD/NZD: Kiwi Torpedoed by Surprise Dovish Tilt from RBNZ
The Kiwi is the worst intraday performer among the major currencies as it slumped to […]
New Zealand Dollar Takes a Tumble After RBNZ’s Dovish Tone
The New Zealand dollar is sharply lower on Wednesday. NZD/USD is trading at 0.6081 in […]
Fed Chair Explicitly Said He Didn’t Intend to Give Any Rate Timing Signals
Markets Fed Chair Powell before Congress yesterday reiterated that the US economy is coming into […]
Inflation No Longer the Only Risk
Federal Reserve (Fed) Chair Jerome Powell’s testimony yesterday wasn’t overly optimistic but it revived the […]
RBNZ Review: Keeping It Tight… For a While
The RBNZ left the OCR at 5.5% as expected. The RBNZ took a more dovish […]
Markets Await Fed Powell’s Insights, RBNZ on Deck
As US session kicks off, Dollar is trading mildly higher, with traders eagerly anticipating Fed […]
Euro Edges Down Following Left-Wing Triumph in French Elections
Euro dips mildly a in Asian session after French parliamentary elections on Sunday delivered unexpected […]
New Zealand BNZ manufacturing freefalls to lowest non-lockdown level since 2009
New Zealand BusinessNZ Performance of Manufacturing Index fell sharply from 46.6 to 41.1 in June, […]