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The NZD/USD rebounded as the U.S. dollar sold off on Tuesday on the back of some disappointing data. But the bearish trend on the kiwi still remained intact. In fact, price was testing a key level of...
The Reserve Bank of New Zealand hiked its cash rate by 50 points to 4.75% early in the day. The rate has been raised by 425 points over the last ten meetings since October 2021, the sharpest...
Dollar strengthens as better PMIs add to Fed hike betsEurozone and UK PMIs also surprise to the upsideEquities and risk-linked currencies feel the heat of hike betsBetter PMIs fuel Fed hike bets and...
The New Zealand dollar has started the week in positive territory. In the North American session, NZD/USD is trading at 0.6357, up 0.76%.Will NZ inflation expectations keep rising?It has been a long...
Stocks, yields and US rate futures fall in line with Fed’s ‘higher for longer’ messageWorries about upside surprise in US CPI report weighs on mood, dollar firmsYen reverses gains as...
As 2023 gets underway, so do the central bank meetings and the Bank of Canada will be the next after the BoJ to announce its first policy decision of the year. Meanwhile, investors will be nervously...
Dollar trades lower even as initial jobless claims beat estimatesEuro rebounds after Lagarde appears hawkishYen retreats, but stays in broader uptrendWall Street records another day of lossesDollar...
US data revive recession fears, add to pivot viewYen recovers post-BoJ losses, stays in uptrendEuro awaits ECB minutes and Lagarde’s speechS&P 500 comes under pressure after testing key...
Another solid jobs report in December but easing wages raise soft landing hopes Wall Street and global equities rally as China reopening adds to optimismCommodities climb too as dollar approaches...
The dollar has started 2023 with some stability after suffering heaving losses for large parts of the last quarter. Asset managers keen to earn their fees will be looking to put money to work and will...
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