Tag Archives: Kiwi
Aussie and Kiwi Weaken as Dollar Gains
The Australian and New Zealand dollars face renewed pressure as the U.S. dollar surges from rising Treasury yields and unwavering Fed rate cuts. – vtmarkets.com
Kiwi Hits 7-Week Low as RBNZ Eases Policy
New Zealand dollar fell to a 7-week low after the RBNZ’s half-point rate cut, raising expectations for further easing and impacting bond yields. – vtmarkets.com
Kiwi Rebounds as Military Actions from Iran Start Easing
The New Zealand dollar (Symbol: NZDUSD) has regained some ground, edging closer to $0.63, after sharp declines on Monday. The fall, a result of heightened risks stemming from Iran’s missile attacks on Israel, spooked traders globally. -vtmarkets.com
Kiwi holds steady as traders await upcoming U.S. economic data
The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com
Dollar continues downward trajectory as markets eye Fed rate cut
As the dollar remains near its lowest levels this year, markets are poised for a potential U.S. Federal Reserve rate cut that could shift currency movements across the board. Traders are pricing in either a 25 or 50 basis point cut, leading to speculation about its impact on major currencies like the yen, euro, and sterling. -vtmarkets.com
Australian and New Zealand dollars hold ground as risk sentiment stabilises
The Australian and New Zealand dollars saw a lift on Thursday, as a rebound in global stock markets and the anticipation of a European Central Bank (ECB) rate cut helped stabilise risk sentiment. -vtmarkets.com
New Zealand dollar holds steady as markets await US CPI data
New Zealand dollar remains steady as investors await US inflation data, which could guide Federal Reserve’s rate decision next week. -vtmarkets.com
New Zealand dollar extends rebound on Fed rate cut expectations
The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.
Australian dollar gets jobs boost, Kiwi feels rate pain
The Australian dollar (AUD) experienced a modest uplift on Thursday, touching $0.6609, following an unexpected surge in employment figures. The 58,200 jobs added in July far surpassed market forecasts of a 20,000 gain, indicating a resilient labour market despite broader economic challenges.
Dollar eases on weak U.S. inflation data; kiwi plummets following rate cut
The U.S. dollar started Wednesday on shaky ground after tumbling overnight against major currencies, driven by a surprisingly benign reading on U.S. producer prices. This report has amplified expectations that the Federal Reserve might lean towards rate cuts later this year.
