NZD/USD declines to 0.5725 amid tariff concerns, RBNZ rate cut expectations, and potential support from Chinese stimulus.
Atlanta Fed’s Bostic expects one rate cut in 2025, citing tariff increases as a factor in inflation.
Bailey highlights economic challenges, AI development, and workforce investment. Bank of England manages inflation through interest rates and QE/QT.
Euro-zone risks tilt downward; uncertainty at record highs. ECB forecasts 0.9% growth in 2024, 1.2% in 2025.
GBP/USD steady at 1.2900; mixed UK, US PMI data; traders watch UK CPI; momentum fading near 200-day EMA.
Trump Media partners with Crypto.com to develop ETFs, integrating digital assets with a “Made in America” focus.
Risks to Eurozone forecasts are downside; uncertainty is highest recorded. Fiscal policy offers upside, but negatives prevail.
Standard Chartered’s revised “Mag 7B” index replaces Tesla with bitcoin, citing better returns and reduced volatility.
USD/CAD remains stable amid tariff uncertainty, oil price fluctuations, and economic factors influencing the Canadian dollar’s strength.
China considers adding services to its subsidy program to boost consumption, stimulate growth, and counter economic slowdowns.
