. Surrounded by the PBOC and the RBA, the New Zeeland’s Central Bank may have no choice but to keep up with neighbors' monetary policy decisions. Read More
The currency markets were very volatile this week with the US Dollar paving the way for a correction. The weakness in the Greenback saw most of its peers rally across the board after what seems like ages after a bearish trend. It is still… Read More
With the major monetary policy decisions, the markets are likely to continue on the broad theme with the US Dollar likely to continue to post losses. Read More
A weaker Yen this week
The Japanese Yen paused in its strong rally seen since early January as the currency weakened across the board. There was no major economic data to support the Yen’s weakness this week although data was mostly… Read More
The New Zealand Dollar continued to post losses since late yesterday and found a renewed selling pressure after RBNZ Assistant Governor John McDermott was heard commenting that the New Zealand Central bank would not consider hiking rates… Read More