EUR/USD 1.18132
-0.037%
Gold 5053.07
2.157%
Oil 62.701
-1.451%
USD/JPY 156.495
0.462%
GBP/USD 1.36964
-0.009%
GBP/JPY 214.343
0.459%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 4th - In a report, Kit Juckes of Societe Generale stated that the euro may weaken against the dollar in the second half of 2026, as its recent appreciation has exceeded what interest rate differentials could explain. Over the past year or so, the euros gains have consistently outpaced what the two-year interest rate differential suggests, and this trend is expected to continue into early 2026. This indicates that the market is cautious about confronting Trumps stance of wanting a weaker dollar. In this context, overseas investors may choose to hedge against the risk of a weaker dollar, but this is more likely to occur in the first half of this year.New York silver futures rose above $91 per ounce, up 9.24% on the day.The U.S. Treasury Department reiterated its plan to keep bond issuance levels stable for "at least the next few quarters".February 4th - A report released Wednesday by ADP, an American data processing company, showed that the U.S. labor market nearly stagnated in January, with job growth even falling short of already modest market expectations. Data showed that the private sector added only 22,000 jobs in January. If it werent for an unexpected increase of 74,000 jobs in the education and healthcare sectors, overall employment would have shown negative growth. This result is not only lower than the revised 37,000 new jobs added in December, but also significantly less than the 45,000 expected by the Dow Jones survey. This report suggests that the start of 2026 will largely continue the trend of 2025: a "low-hit, low-layoff" employment environment characterized by weak hiring and limited layoffs. This situation is unlikely to alleviate the concerns of Federal Reserve policymakers that the economy still needs more support.Senator Scott, Chairman of the Senate Banking Committee: (Regarding Warsh) He will 100% receive confirmation. Tillis (Republican Senator) is expected to ultimately vote to confirm the nomination. He does not believe Powell has committed a crime.

NZD/USD falls rapidly from 0.6260 when the RBNZ announces a decline in inflation projections to 3.07 percent

Daniel Rogers

Aug 08, 2022 12:00

 截屏2022-08-08 上午11.52.29.png

 

The NZD/USD pair has encountered selling pressure while attempting to surpass the immediate resistance level of 0.6260. The asset has seen bids after the Reserve Bank of New Zealand (RBNZ) announced inflation estimates at 3.07 percent, down from 3.29 percent previously. It could be an indication of waning price pressure, but additional evidence is still needed to support the argument.

 

Price pressures in the New Zealand economy are increasing and have not yet shown signs of weariness. A June report indicates that an inflation rate of 7.3% is adequate to generate headwinds for families. The RBNZ is consistently escalating its policy tightening measures to combat the same. RBNZ Governor Adrian Orr has already increased the Official Cash Rate by 2.50 percentage points.

 

On the front of the US dollar, the US dollar index (DXY) has returned all intraday gains and is currently trading near the day's open at 106.60. While attempting to break over the crucial resistance level of 106.80, the DXY has encountered selling pressure. This week, investors' attention is centered on Wednesday's release of the US Consumer Price Index (CPI).

 

The annual inflation rate is projected to continue at 8.7 percent, down from 9.1 percent in the previous report. Oil prices have been on a downward trend in July, which may be the determining factor for a significant decline in the price increase index. While the US CPI excluding volatile food and oil prices may increase from 5.9 percent to 6.1 percent, the previous reading was 5.9 percent.

Suggestion