NZD/USD

NZD/USD: The New Zealand dollar slumped to a 2-week low, as investors wagered that aggressive rate cuts would be required given soft domestic economic data and the fallout from U.S.-China tariffs globally. The Kiwi trades 0.5 percent down at 0.6533, having touched a low of 0.6527 earlier, its lowest level June 3. Investors’ will continue […]

14.06.2019 More information

AUD/USD

AUD/USD: The Australian dollar plunged to a 3-week low as the mixed labour report this week fuelled speculation the RBA would have to cut even deeper, with markets pricing in ever larger, and earlier, rate cuts amid a global shift toward renewed central bank stimulus. The Aussie trades 0.2 percent down at 0.6897, having hit […]

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USD/JPY

USD/JPY: The dollar eased as investor focus turned to next week’s Federal Reserve meeting for hints on a possible rate cut amid rising risks to trade and global growth. The pair was trading 0.05 percent down at 108.30, having hit a high of 108.80 on Tuesday, its highest since May 31. Investors’ will continue to […]

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EUR/USD

EUR/USD: The euro declined, extending losses for the third straight session, as trade disputes between the United States and both China and the European Union stoked fears that German growth will slow or even stall in the second quarter. The European currency traded 0.05 percent down at 1.1272, having touched a low of 1.1268 on […]

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EUR/USD

EUR/USD: The euro steadied after falling to a 5-day low in the previous session, as the recovery in Greece’s housing market gained momentum in the first quarter. The European currency traded 0.1 percent up at 1.1297, having touched a high of 1.1347 on Friday, its highest since Mar. 22. Investors’ attention will remain on a […]

13.06.2019 More information

USD/JPY

USD/JPY: The dollar plunged to a 1-week low, amid mounting expectations that the Federal Reserve will ease monetary policy in coming months. Moreover, worries over U.S.-China trade war continued to dent investor risk appetite. The pair was trading 0.1 percent down at 108.34, having hit a high of 108.80 on Tuesday, its highest since May […]

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GBP/USD

GBP/USD: Sterling consolidated within narrow ranges, as investors remained cautious after British lawmakers defeated an attempt led by the opposition Labour Party to try to block a no-deal Brexit. The major traded flat at 1.2691, having hit a high of 1.2763 on Friday; it’s highest since May 21. Investors’ attention will remain on the U.S. […]

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AUD/USD

AUD/USD: The Australian dollar slumped to a 2-week low, as a mixed set of domestic jobs data supported the case of RBA rate cut as soon as July. The economy’s May labour report showed unemployment stayed at 5.2 percent, against expectations for a dip back to 5.1 percent. The Aussie trades 0.2 percent down at […]

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NZD/USD

NZD/USD: The New Zealand dollar consolidated near a 10-day low, as investors wagered heavily that the Reserve Bank of New Zealand will have to move again following its May easing, though it is not seen cutting as deep as the RBA. The Kiwi trades flat at 0.6575, having touched a high of 0.6681 on Friday, […]

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