The NZD/USD currency pair is facing challenges in extending its recent improvements, trading around the level of 0. 5960 in early European trading on Friday. Although short-term momentum appears to be encouraging, the overall technical situation and...
President Donald Trump indicated plans to announce tariffs on automobile imports in the coming days, with some countries potentially receiving exemptions or reductions. These moves, part of his broader protectionist trade agenda, have raised...
On an annual basis, New Zealand's Q4 GDP still contracted by 1.1%, though it was better than the anticipated 1.4% decline, following a 1.6% contraction in Q3. The upbeat GDP data sparked some optimism, with Kiwibank Chief Economist Jarrod Kerr...
Adding to the downward risks for the New Zealand Dollar is the growing expectation that the Reserve Bank of New Zealand (RBNZ) will implement a cut to its official cash rate (OCR) at its upcoming monetary policy meeting in May. Markets have largely...
The yield of the standard 10-year government bond in Japan recently reached its highest point since June 2009, giving a notable lift to the Japanese Yen during Monday's Asian trading hours. This increase in bond yields occurred alongside a general...
