Kiwi Dollar Slumps as Inflation Data Looms
NZD/USD—The New Zealand dollar dropped to about $0.605, its lowest point in two weeks. Investors are waiting for the second-quarter inflation data, which could...
July 16, 2024
Aussie Falls Below $0.675 Amid US Dollar Surges
AUD/USD—The Australian dollar dropped below $0.675, moving further away from its six-month highs as the US dollar strengthened. This shift came after the failed...
July 16, 2024
AUDUSD Analysis 10-July-2024
The Australian dollar held steady at around $0.674 as investors evaluated the Reserve Bank of Australia’s (RBA) future monetary policy based on mixed economic...
July 10, 2024
GBPUSD Analysis 10-July-2024
The British pound dropped to $1.278 from a nearly four-month high of $1.281 after Fed Chair Powell spoke cautiously about rate cuts in Congress....
July 10, 2024
EURUSD Analysis 10-July-2024
The euro fell to $1.082 from a recent high of $1.084 due to a stronger dollar after Federal Reserve Chair Jerome Powell’s testimony. Powell...
July 10, 2024
NZD/USD Analysis 2-July-2024
NZD/USD—The New Zealand dollar dropped to $0.605 due to increased demand for the US dollar and a worsening outlook for New Zealand’s business activity....
July 2, 2024
