RBNZ Holds OCR Steady at 5.5%, NZD TumblesStocks

RBNZ Holds OCR Steady at 5.5%, NZD Tumbles

Key Points The Reserve Bank of New Zealand (RBNZ) keeps the Official Cash Rate (OCR) unchanged at 5.5%, emphasising the…

Asian Currencies Gain Amid Dollar Dip InsightsForex

Asian Currencies Gain Amid Dollar Dip Insights

Key Points Asian currencies experienced a slight uptick, buoyed by a mild decline in the US dollar. The dollar hovered…

Pound Slides as UK Inflation Cools; Yen Under PressureForex

Pound Slides as UK Inflation Cools; Yen Under Pressure

The British pound experienced a decline on Wednesday, triggered by lower-than-expected inflation data in the UK. This suggested that the…

Dollar Slumps, Inflation Diminish, Fed ExpectationsForex

Dollar Slumps, Inflation Diminish, Fed Expectations

On Friday, the US dollar fell to a year-low against a cradle of currencies. The euro hit a year-to-date high…

How New Zealand dollar surges due to rate hikeUncategorized

How New Zealand dollar surges due to rate hike

The New Zealand dollar recuperated against its major counterparts after the Reserve Bank of New Zealand (RBNZ) shocked the markets…

Australian Dollar Eases as Banking Crisis LowersForex

Australian Dollar Eases as Banking Crisis Lowers

The Australian dollar rallied overnight as risk appetite lifted some market segments but left others on the downside. Today’s Consumer…

Dollar faces loss as Fed increased interest rateForex

Dollar faces loss as Fed increased interest rate

On Wednesday, the Fed increased its benchmark funds rate by 25 basis points but dropped some hints about “ongoing increases”…

Top 10 Richest Forex Traders in the WorldEducation

Top 10 Richest Forex Traders in the World

There are many forex traders. As it is impossible to discuss all of them, let’s focus on the top 10…

Dollar Pares on The Verge Due to Fed MeetForex

Dollar Pares on The Verge Due to Fed Meet

As traders digest the implications of continued monetary tightening at the world’s biggest central banks, the safe-haven dollar fell on…

US Dollar Outlook Doesn’t Seem PromisingForex

US Dollar Outlook Doesn’t Seem Promising

Anticipation of Fed Trimming of The Rate Hikes Weighs on Greenback When investors put money on higher inflation and US…