Articles

  • 4 weeks ago | fxstreet.com | Kenny Fisher

    The yen is higher on Friday. Iin the European session, USD/JPY is trading at 143.63, down 0.37% on the day. Tokyo core CPI climbed to 3.6% y/y in May, up from 3.4% in April and above the market estimate of 3.5%. This marked the highest level since Jan. 2025. Tokyo core inflation is viewed as the leading indicator of nationwide inflation trends and is closely monitored by the Bank of Japan.

  • 1 month ago | fxstreet.com | Kenny Fisher

    The New Zealand dollar declined as much as 0.67% earlier but has recovered. In the European session, NZDS/USD is trading at 0.5969, up 0.04% on the day. A day after the Reserve Bank of New Zealand lowered interest rates, Governor Christian Hawkesby testified before a parliamentary committee on Thursday. Hawkesby said the central bank could hold rates in July and that rate decisions would be data-dependent.

  • 1 month ago | fxstreet.com | Kenny Fisher

    The Australian dollar has extended its losses on Wednesday. AUD/USD is trading at 0.6415 in the North American session, down 0.44% on the day. Australia's inflation rate remained unchanged in April at 2.4% y/y for a third straight month, matching the lowest rate since Nov. 2024. The reading was slightly higher than the market estimate of 2.3% but remained within the central bank's inflation target of 2%-3%.

  • 1 month ago | es.dailyforex.com | Kenny Fisher |Sara Buganim

    Por Kenny Fisher Revisor Sara BuganimSara Buganim dirige el equipo editorial en Español de Global on Media. Antes de entrar en el mundo del Forex, Sara se licenció en Biología por la Pontificia Universidad Javeriana de Bogotá (Colombia). Desde entonces, ha adquirido más de una década de experiencia en fintech latinoamericano, habiendo trabajado para gigantes de la industria como iForex, y AvaTrade, antes de unirse al equipo de DailyForex en 2019. ...

  • 1 month ago | dailyforex.com | Kenny Fisher

    The decision to cut rates to 3.25% was widely expected by the markets and marked a sixth straight cut by the central bank. The cash rate is currently at its lowest level since August 2022. The RBNZ has been aggressive as it has chopped rates by 225 basis points in the current easing cycle as it is determined to boost the weak economy.

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