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The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from global markets overnight, on easing fears of a wider Middle East conflict after Iran an

Markets are pricing out some geopolitical risk and sentiment is looking supported at the start of this week. In the coming days, data should regain its role as the main market driver; US GDP and PCE may come in relatively strong and prevent dollar momentum from softening much. We’ll see whether Japa

USD/CHF holds positive ground near 0.9115 in Monday’s early Asian session. Many Fed officials prefer to wait longer than previously anticipated to cut rates amid the elevated inflation, lifting the Greenback. SNB Chairman Thomas Jordan said monetary policy should remain focused on price stability. T

The Euro remains contained above 1.0600 support yet with bullish attempts capped below 1.0690 The broader bias remains unchanged, with the pair on a bearish trend from early March highs near 1.1000. The diverging ECB - Fed monetary policy outlook is expected to keep the pair under pressure. Euro bea

The New Zealand dollar has bounced back with strong gains on Wednesday, ending a nasty slide of 3.4% which started last week. In the North American session, NZD/USD is trading at 0.5907, up 0.45%. New Zealand inflation falls less than expected New Zealand’s CPI continued to ease in the first quarter

The Rabobank Research Team provided insights on Australia’s employment data for March and its implications on the Reserve Bank of Australia's (RBA) interest rate outlook. Key quotes “Aussie labor market data released earlier today saw some mean-reversion in the headline employment figures.” “Accordi

Partner Center Find a Broker New Zealand just printed its Q1 2024 CPI figures, with the headline reading coming in line with expectations of a 0.6% quarterly uptick. Not only was the actual result stronger than the previous period’s 0.5% increase in price levels, but underlying components also refle

China's gross domestic product gained 5.3 percent on year in the first quarter of 2024, the National Bureau of Statistics said on Tuesday - exceeding expectations for an increase of 4.8 percent and up from 5.2 percent in the previous three months. On a seasonally adjusted quarterly basis, GDP was up