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US job openings fall to the lowest since May 2021Wall Street slips as data revives recession fearsGold rallies above $2,000 as Fed pivot bets intensifyNew Zealand dollar rallies after RBNZ hikes by...
Contraction in US manufacturing emboldens bets for Fed cutsDollar slides, stock markets rally with boost from energy sharesRBA hits ‘stop’ button on rates, RBNZ decision coming up next...
With the banking turmoil receding, market participants will turn their attention back to economic releases. The spotlight will fall on the US employment report, where another strong reading could...
The dollar and the yen Wednesday’s main gainersFranc and euro lose the most ground on Credit Suisse falloutECB decides on interest rates, with investors split on hike sizeWall Street pares...
The US inflation report and the European Central Bank’s policy meeting will share the limelight next week amid another round of ratcheting up of rate hike expectations by investors. Other...
Dollar slips as Chinese PMIs spark risk-on moodBut pares losses after ISM manufacturing PMI dataEuro traders await Eurozone inflation numbersRising Fed hike bets hurt Wall StreetDollar drops on China...
Strong China factory data boosts equities but rate hike fears limit gainsDollar pulls back, euro climbs as ECB starts QTAussie and loonie up on China optimism but soft GDP numbers weighMarkets buoyed...
The NZD/USD rebounded as the U.S. dollar sold off on Tuesday on the back of some disappointing data. But the bearish trend on the kiwi still remained intact. In fact, price was testing a key level of...
The Reserve Bank of New Zealand hiked its cash rate by 50 points to 4.75% early in the day. The rate has been raised by 425 points over the last ten meetings since October 2021, the sharpest...
Dollar strengthens as better PMIs add to Fed hike betsEurozone and UK PMIs also surprise to the upsideEquities and risk-linked currencies feel the heat of hike betsBetter PMIs fuel Fed hike bets and...
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