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New Zealand Trade Balance NZD (MoM) registered at $800M, below expectations ($875M) in May
New Zealand Trade Balance NZD (MoM) registered at $800M, below expectations ($875M) in May
New Zealand Trade Balance NZD (YoY) fell from previous $-2.76B to $-3.36B in May
New Zealand Trade Balance NZD (YoY) fell from previous $-2.76B to $-3.36B in May
Gold declines to near $4,200 as hawkish Fed stance offsets support from US-Iran peace deal
Gold price (XAU/USD) loses ground to near $4,210 during the early Asian session on Friday. The precious metal extends the decline after the US Federal Reserve (Fed) held interest rates steady in the June policy meeting but signaled rate hikes could come this year.
British Pound Sterling slides as cheaper Crude Oil masks the inflation pipeline
The Bank of England (BoE) delivered the hawkish hold the market expected on Thursday, and a second member of its Monetary Policy Committee (MPC) joined the push to raise the Bank Rate. Sterling fell anyway, sliding through the 1.3300 handle to its lowest level since early April, close to 1.3200.
United Kingdom GfK Consumer Confidence registered at -23 above expectations (-24) in June
United Kingdom GfK Consumer Confidence registered at -23 above expectations (-24) in June
New Zealand Exports increased to $8.88B in May from previous $8.62B
New Zealand Exports increased to $8.88B in May from previous $8.62B
GBP/JPY Price Forecast: Sellers eye break below 100-day SMA
The GBP/JPY retreats during the North American session on Thursday, down 0.21% as the Pound Sterling depreciates, despite the Bank of England (BoE) holding rates unchanged. At the time of writing, the cross-pair trades at 213.11 after peaking near 214.06.
South Korea Producer Price Index Growth (YoY) increased to 8.5% in May from previous 6.9%
South Korea Producer Price Index Growth (YoY) increased to 8.5% in May from previous 6.9%
South Korea Producer Price Index Growth (MoM) down to 0.8% in May from previous 2.5%
South Korea Producer Price Index Growth (MoM) down to 0.8% in May from previous 2.5%
New Zealand Westpac Consumer Survey: 80.4 (2Q) vs previous 94.7
New Zealand Westpac Consumer Survey: 80.4 (2Q) vs previous 94.7
Forex Today: US Dollar touches one-year high, Pound slips on BoE hold
The US Dollar Index (DXY) firmed near 100.80 on Thursday, a level it hadn’t seen since May 2025, after the Federal Reserve (Fed) left interest rates unchanged in the 3.50%-3.75% range in Kevin Warsh’s first policy meeting as Fed Chair on Wednesday.
United States Total Net TIC Flows down to $26.1B in April from previous $150.7B
United States Total Net TIC Flows down to $26.1B in April from previous $150.7B
United States Net Long-Term TIC Flows came in at $103.1B, above forecasts ($75B) in April
United States Net Long-Term TIC Flows came in at $103.1B, above forecasts ($75B) in April
USD/CHF Price Forecast: US Dollar hits new YTD high past 0.8050
The USD/CHF pair rallies on Thursday to a new yearly high of 0.8059, surpassing March’s 31 previous peak of 2026 at 0.8042 as the Greenback stages a recovery amid hawkish Federal Reserve (Fed) policy expectations, which drove the pair to reach the ‘inverted head-and-shoulders’ price target.
Argentina Trade Balance (MoM) came in at $3504M, above expectations ($2200M) in May
Argentina Trade Balance (MoM) came in at $3504M, above expectations ($2200M) in May
British Pound slips as BoE holds rates, Fed’s cautious stance supports Greenback
The GBP/USD pair trades near a two-month close to the 1.3210 level on Thursday as the Pound Sterling (GBP) struggles to gain traction after the Bank of England (BoE) left interest rates unchanged at 3.75%, while the US Dollar (USD) remains supported by the Federal Reserve’s (Fed) cautious policy mes
Japanese Yen hovers near 40-year lows as risks of intervention rise
The Japanese Yen (JPY) weakens on Thursday to a nearly two-year low against the US Dollar (USD), with the USD/JPY pair reaching 161.81, the highest level since July 2024's yearly high of 161.95, spurred by a hawkish Federal Reserve (Fed) and the jump of US Treasury yields.
ECB’s Escriva sees energy inflation passing through to other sectors
European Central Bank (ECB) policymaker José Luis Escrivá said on Thursday that higher energy costs are spreading to services and transport, while warning that the inflation outlook remains highly uncertain for the European Union (EU) at a speech in Barcelona.
Dow Jones Industrial Average nurses its Warsh hangover
Wall Street's blue-chip index spent Thursday picking up the pieces of Wednesday's hawkish Federal Reserve (Fed) selloff, and not even a roaring chip trade could coax it back into the green.
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