-
NZD/USD sticks to modest gains around 0.6175-80 region, lacks follow-through ahead of US CPI
The NZD/USD pair attracts some dip-buying during the Asian session on Tuesday, albeit lacks follow-through and remains confined within the previous day's range. Spot prices currently trade around the 0.6170-0.6175 zone and for now, seem to have stalled the recent pullback from the highest level since February 22 touched last week. The US Dollar (USD) continues with its struggle to attract any meaningful buyers or build on its recovery from a nearly two-month low touched in reaction to mixed US jobs report on Friday amid bets for a shift in the Federal Reserve's (Fed) policy stance. In fact, the markets are now ... (full story)
- Comments
- Subscribe
-
- Older Stories
From russell-clark.com|Mar 12, 2024|3 commentsBeing the reserve currency has enormous benefits. And in the entirety of financial history, the US is the first and only fiat reserve currency. Sterling, and any other reserve ...
From eastasiaforum.org|Mar 11, 2024Public discontent with Japanese Prime Minister Fumio Kishida and his ruling Liberal Democratic Party (LDP) is palpable over a slush fund scandal involving at least 970 million yen ...
From cityindex.com|Mar 11, 2024USD/JPY and Nikkei 225 futures have been heavily influenced by US bond yields recently, meaning Tuesday’s US consumer price inflation report looms as critical for how Japanese ...
-
- Newer Stories
From usnews.com|Mar 12, 2024Twin readings on inflation this week will help explain why the Federal Reserve is in no hurry to lower interest rates and also offer some insight into how long the wait might be ...
From bnnbloomberg.ca|Mar 12, 2024Bank of Japan Governor Kazuo Ueda reaffirmed that the economy continues to recover gradually, sending a signal that the central bank is still on track to end its negative interest ...
From ons.gov.uk|Mar 12, 2024Payrolled employees in the UK rose by 15,000 (0.0%) between December 2023 and January 2024, and rose by 386,000 (1.3%) between January 2023 and January 2024. While the number of ...
- Story Stats
- Posted: Mar 12, 2024 12:48am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,532
