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Asia-Pacific FX news summary: Kiwi gains from strengthening data

Asia-Pacific FX news summary: Kiwi gains from strengthening data

Market Overview Markets experienced declines as investors anticipated the U.S. trading to fully restart after the holiday break. In New Zealand, the latest data surprised positively, with the services PMI moving back into expansion territory, which in turn bolstered the NZ dollar and provided support for the Australian dollar. Japan faced worsening conditions in its […]

Dollar weakens, kiwi rises as interest rate paths differ

Dollar weakens, kiwi rises as interest rate paths differ

Dollar Defends Ahead of Thanksgiving, Fed on the Horizon for December SINGAPORE, Nov 27 – The dollar is edging toward its largest weekly dip in four months as traders pull back before the U.S. Thanksgiving holiday. Investors are considering the unfolding situation for next year, especially as the U.S. may be increasingly isolated in its […]

Forex Update: Kiwi and Aussie rise, US Dollar stays weak

Forex Update: Kiwi and Aussie rise, US Dollar stays weak

What You Need to Know – November 26 On Wednesday, November 26th, the New Zealand dollar (NZD) and the Australian dollar (AUD) saw an uptick as the markets responded to policy changes from the Reserve Bank of New Zealand (RBNZ) and fresh inflation data from Australia. As the day progresses, the U.S. will also release […]

Dollar rises against yen amid US-China trade hope; Kiwi increases.

Dollar Gains Amid Eased Trade Tensions The dollar saw an uptick in early Asian trading on Monday, while global tensions appeared to relax slightly. This shift followed discussions over the weekend between the U.S. and China, which alleviated worries about a potential trade war between these two major economies. The Greenback, alongside American assets, regained […]

Dollar firms on Powell caution; kiwi eases after dovish cenbank – Yahoo Finance

Kevin Backlund TOKYO (Reuters) – The dollar rebounded from a three-week low on Tuesday after Federal Reserve Chairman Jerome Powell sounded cautious about when the U.S. might cut interest rates, helping to push the dollar higher. The New Zealand dollar weakened after the central bank expressed confidence that inflation will return to its target range […]

Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm – Yahoo Finance

By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a one-week high on Thursday after hitting its highest level this month against major peers after minutes of the last Federal Reserve meeting showed some officials were keen to raise interest rates. The New Zealand dollar extended gains after a surprise increase in domestic retail […]