The kiwi dropped sharply in overnight trading after the RBNZ released its third interest rates decision of the year. The bank left rates unchanged at 1.75%, which was expected. Officials also expressed increased worries about the health of the...
The kiwi dropped sharply in overnight trading after the RBNZ released its third interest rates decision of the year. The bank left rates unchanged at 1.75%, which was expected. Officials also expressed increased worries about the health of the...
The kiwi tanked after the RBNZ made its interest rates decision. The bank left rates unchanged at the 1.75% level, where they have been since 2016. This was expected. What was not expected was the bank’s announcement that it...
CHF and GBP are the top G10 FX gainers today, up 0.16% and 0.13% vs the dollar while AUD and USD are the top losers. The UK unemployment rate fell further unexpectedly (3.9% vs 4.0% expected) providing some support...
The euro remained lower in overnight trading after the ECB monetary policy decision. Yesterday, the bank released its decision, which was aimed at boosting the European economy. In the statement, the bank extended the period at which it will...
Global stocks declined today as traders continued to worry about the health of the global economy. In China, the Shanghai and Hang Seng indices declined by 0.15% and 0.50% respectively while Japan’s Nikkei declined by 65 basis points. In...
After rising initially, US stocks declined sharply as traders started to worry about the trade deal between US and China. Over the weekend, reports emerged that a formal trade deal was being finalized. Word to date is that China...
Global stocks rose today after indications that a trade deal between China and the United States will soon be reached. In multiple reports during the weekend, unnamed sources said that China had agreed to increase the purchases of American...