The kiwi has strengthened meaningfully against most peers this month. However, against the US dollar specifically, NZD/USD remains well below its 2026 highs, trading in the mid-0.58 area versus January’s peak near 0.6075. New Zealand’s Q2 inflation data, released this week, blew past expectations: annual CPI accelerated to 4.1%, above both forecasts and the RBNZ’s […]
The post NZD/USD Analysis: a Tug-Of-War at the Critical Level appeared first on ActionForex.
The Japanese Yen tumbled to another four-decade low today, with USD/JPY breaking above the 163 mark as investors continued to unwind Yen positions against the backdrop of widening global yield differentials and surging energy prices. Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal These days, smartphones are as ubiquitous Read more…
Gold traded around 4,080 USD per ounce on Wednesday, having risen nearly 2% the previous day. Investors continue to assess developments in the Middle East and the impact of elevated oil prices on inflation and Read more…