The New Zealand Dollar rebounds to mid-0.5800s after hitting two-week lows amid a softer US Dollar and dovish RBNZ sentiment. The New Zealand Dollar (NZD) regained ground against the US Dollar (USD) on Thursday, climbing back to the mid-0.5800s after dropping to two-week l
NZD/USD regains mid-0.5800s after two-week lows The New Zealand Dollar has recovered some ground against the US Dollar, regaining the mid-0.5800s. A survey showed inflation expectations easing to 2.34% from 2.53% previously. The US Dollar lost momentum afte
Weaker-than-expected PPI and higher jobless claims weigh on USD, though hawkish Fed comments limit losses before key economic releases. The US Dollar Index (DXY) fell below the 100.00 mark on Friday, pressured by softer-than-expected Producer Price Index (PPI) data and a r
Reserve Bank of Australia Governor Michele Bullock testifies today after the central bank maintained rates at 4.35% this week. Reserve Bank of Australia Governor Michele Bullock appears before Parliament’s Economics Committee today for routine scrutiny following the RBA’s
The Mexican Peso nears a two-year low against the USD, driven by softer US inflation data and technical momentum below key moving averages. The USD/MXN pair declined for the 14th consecutive session, dipping 0.08% to trade below 17.05 as the Mexican Peso hovered near a 24-
OCBC analysts cite oil prices and US rates as drivers for the pair, with resistance at 17,950–18,100 and support at 17,600–17,800. The Indonesian rupiah has rebounded against the US dollar following a near 2% month-to-date decline, with USD/IDR trading at 17,875 levels. Ex
UOB analysts maintain a near-term trading range for USD/SGD but warn of potential downside if support at 1.2765 breaks. The USD/SGD pair remained largely unchanged at 1.2805 on Tuesday, with momentum described as flat. United Overseas Bank analysts kept a 24-hour trading b
The currency pair remains steady after producer-side inflation data, with technicals suggesting potential upside if key resistance levels are breached. The USD/CHF pair trades at approximately 0.8034, near the top trendline of a bearish flag pattern, following stronger-tha
The yen remains stable against the dollar as cooling US inflation reduces immediate volatility in the currency pair. USD/JPY traded sideways in the mid-159.00 range on Thursday, reflecting a period of consolidation as market forces balance out. The pair has shown limited m
Cooling US producer prices and steady Fed rate expectations keep the pair in a tight range ahead of Japan’s Q2 GDP data. The USD/JPY pair remains rangebound near 159.53, reflecting balanced forces as cooling US inflation data tempers dollar strength. Soft producer price fi
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