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June 13, 2024
Asian currencies held steady against a weaker U.S. dollar, which was hit by softer-than-expected inflation data. The yen, however, remained pressured as markets anticipated outcomes from a Bank of Japan meeting. The Federal Reserve left interest rates on hold, projecting only one cut for the year, affecting global currency movements.
May 22, 2024
The Reserve Bank has held the Official Cash Rate (OCR) unchanged at 5.5 per cent, saying inflation is falling and should be back at target by the end of...
May 22, 2024
The Reserve Bank has held the Official Cash Rate (OCR) unchanged at 5.5 per cent, saying inflation is falling and should be back at target by the end of...
May 17, 2024
The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of rate cuts. ... -May 16, 2024 at 09:10 pm EDT - MarketScreener
February 28, 2024
The New Zealand dollar slid on Wednesday after the countrys central bank held rates steady and trimmed its projected path for future policy, sparking a rally in bonds as markets sharply scaled back... -February 27, 2024 at 08:53 pm EST - MarketScreener
January 18, 2024
ANALYSIS Mortgage holders are entering 2024 hoping the Reserve Bank ( RBNZ ) will be satisfied it has squeezed their disposable incomes enough to get...
November 29, 2023
The Reserve Bank has today left the official cash rate unchanged at 5.5 per cent. The RBNZ warned that inflation remained too high and monetary policy would...
November 29, 2023
The Australian and New Zealand dollars hit four-month peaks on Wednesday as markets wagered on early U.S. policy easing, while New Zealands central bank stunned investors by flagging a risk of... -November 28, 2023 at 08:55 pm EST - MarketScreener
October 17, 2023
Surprise inflation stats lead some to wonder if cash rate cuts are on the way.
October 15, 2023
Fletcher Building resumed trading today after being in a halt since Wednesday.