NZD/USD weakens around 0.6120 on Tuesday amid the USD softness, down 0.11% on the day. Fed’s Daly said the Fed should cut rates before policymakers are confident that inflation is headed towards 2%. The expectation the RBNZ will cut rates earlier than projected exerts some selling pressure on the Kiwi. The NZD/USD pair trades on a … Read more
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the impact of the upcoming presidential election.
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1225, as against the previous day’s fix of 7.1201 and 7.2587 Reuters estimates.
ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Atif Ikram Sheikh and Chairman Anomaly Committee (Business) Federal Board of Revenue (FBR) Gohar Ijaz strongly recommended to the FBR to impose 30 percent tax on the bank deposits of non-filers under the taxation reforms agenda. Addressing a press conference on the FBR’s … Read more
Japanese Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday the authorities are closely watching currency moves and will respond appropriately to excessive volatility.
Asian stocks rise after another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied
No clear risk bias from FX price action ahead of the Asia close
Investing.com– Most Asian currencies firmed slightly on Tuesday as a recent rally in the dollar cooled, with the Japanese yen gaining some ground amid speculation over government intervention and rate hikes by the Bank of Japan. But sentiment towards Asian markets remained fragile on the prospect of a trade war between China and the West. … Read more
Investing.com– Gold prices fell in Asian trade on Tuesday, sticking to a tight trading range in the low $2,300s as recent strength in the dollar and anticipation of key inflation data kept traders averse to the yellow metal. Metal markets took limited relief from an overnight drop in the dollar, as the greenback still remained … Read more