New Zealand’s central bank delivers its first rate increase in three years, citing persistent inflation risks and pledging further tightening. The Reserve Bank of New Zealand lifted its official cash rate by 25 basis points to 2.50%, the first hike in three years, as infla
The Swiss Franc declines for a third day as geopolitical risks boost the US Dollar’s appeal as a safe-haven asset. The USD/CHF pair climbed to 0.8090 during Asian trading on Wednesday, extending gains for a third consecutive session. The Swiss Franc weakened as the US Doll
The US Dollar Index remains steady near 101.10 as geopolitical tensions support demand for the safe-haven currency. The US Dollar Index (DXY) extended gains for a second day, trading at 101.10 during the Asian session. The move follows US military strikes on Iran, reinforc
NZD advances after RBNZ interest rate decision The New Zealand Dollar gains ground following the Reserve Bank of New Zealand's interest rate decision. The AUD/NZD currency cross falls nearly 0.25% after three days of gains. The cross was trading around 1.21
New Zealand’s central bank raised rates by 25 basis points and indicated further tightening as inflation remains above target. The Reserve Bank of New Zealand increased its Official Cash Rate by 25 basis points to 2.50% on Wednesday, citing the need to withdraw stimulus am
The New Zealand Dollar rises as traders price in a likely Reserve Bank of New Zealand interest rate increase. The New Zealand Dollar advanced to 0.5700 against the USD during the Asian session, driven by expectations of a Reserve Bank of New Zealand rate hike. The move ref
British Pound declines to near 1.3350 as US launches strikes on Iran The GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US
RBNZ lifts OCR by 25 basis points, citing lingering inflation risks and a potential feedback loop from currency weakness. The Reserve Bank of New Zealand increased its official cash rate by 25 basis points to 2.50%, matching market expectations but reinforcing a tightening
RBNZ hikes rates to 2.50% as inflation persists The Reserve Bank of New Zealand has increased interest rates by 25 basis points. This move was widely expected due to persistent inflation. The decision reflects the bank's effort to balance economic growth an
XAG/USD hovers near mid-$59.00s after three days of losses, with technical indicators signaling further downside risks. Silver (XAG/USD) extended its decline for a third consecutive session, trading near $59.80 in Asian hours on Wednesday. The metal remains within a short-
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