AUD/NZD falls to 1.2020 as RBNZ signals earlier and larger rate hikes to curb inflation, boosting NZD demand. AUD/NZD extended its decline for a third consecutive session, trading near 1.2020 in Asian hours on Friday. The cross weakened as the Reserve Bank of New Zealand’s
Markets weigh potential dollar strength if US-Iran negotiations collapse, while China’s yuan fix disappoints traders expecting a stronger rate. The dollar may rally sharply if US-Iran ceasefire talks fail, MUFG analysts warned, as geopolitical tensions keep traders on edge
The currency pair remains range-bound near 0.7150 amid US-Iran ceasefire talks and mixed Fed rate hike expectations. The AUD/USD pair traded in a narrow range during the Asian session, holding above 0.7150 after rebounding from a one-week low. Modest gains are expected for
The software firm targets a $40 billion total addressable market with its planned acquisition of operations platform MaintainX. Autodesk raised its fiscal 2027 revenue outlook to a range of $8.155 billion to $8.215 billion, citing strong first-quarter performance. The upda
The People’s Bank of China’s daily yuan fixing influences onshore trading within a 2% band, signaling policy intent amid market pressures. The People’s Bank of China is poised to set the USD/CNY reference rate at 6.7685, a key benchmark for the yuan’s daily trading range.
The People’s Bank of China’s daily yuan fixing influences onshore trading within a 2% band, signaling policy intent amid market pressures. The People’s Bank of China is poised to set the USD/CNY reference rate at 6.7685, a key benchmark for the yuan’s daily trading range.
May’s Tokyo core CPI rose 1.3% year-on-year, missing forecasts and extending a six-month deceleration ahead of the BOJ’s June meeting. Tokyo’s core consumer price index rose 1.3% year-on-year in May, below the 1.5% forecast and marking a sixth consecutive month of slowing
A 60-day ceasefire extension may ease Strait of Hormuz shipping disruptions, capping crude volatility amid mixed session gains. Crude oil futures closed mixed Thursday after the US and Iran agreed to extend their ceasefire by 60 days. The deal could allow resumed shipments
The database firm reported adjusted EPS of $1.32, surpassing consensus forecasts and driving a post-market rally. MongoDB (MDB) shares surged over 20% in early post-market trading after the company reported first-quarter fiscal 2027 adjusted earnings per share of $1.32, ex
The database firm reported adjusted EPS of $1.32, surpassing consensus forecasts and driving a post-market rally. MongoDB (MDB) shares surged over 20% in early post-market trading after the company reported first-quarter fiscal 2027 adjusted earnings per share of $1.32, ex
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