Category forex

Japan Aims To Lower Debt Ratio

Japan targets stable debt-to-GDP ratio reduction Japan's government aims to lower its debt-to-GDP ratio to secure market trust. The government is watching markets with a high sense of urgency. The USD/JPY trades 0.17% lower at around 162.35, with no immediate rea

RBNZ Raises Official Cash Rate

New Zealand Dollar holds firm above 0.57 The Reserve Bank of New Zealand has lifted the Official Cash Rate by 25 bps to 2.50%. This move marks a shift from May’s split decision. The NZD/USD is currently holding firm above 0.57 after the rate hike.