Page 22 - Urrencies News Today

A review of things you need to know before you sign off on Tuesday; ASB cuts one key home loan rate, rents level off, household pressures rise, Key to move on, intervention capacity up, swaps up, NZD retreats, & more

The AUD/USD pair attracts fresh buyers near the 0.6525 area, or a one-week low touched earlier this Tuesday and builds on its steady intraday ascent through the first half of the European session.

The NZD/USD pair remains under some selling pressure for the second straight day on Tuesday and drops to a one-week low, around mid-0.6100s during the Asian session.

The USD/CAD pair comes under some selling pressure on Tuesday and maintains its offered tone through the first half of the European session.

EUR/USD extended its recovery at the beginning of the week and registered its highest daily close since early February at 1.0850 on Monday.

Here is what you need to know on Tuesday, February 27: The US Dollar struggles to stay resilient against its major rivals early Tuesday.

The GBP/JPY cross comes under some selling pressure on Tuesday and snaps a five-day winning streak to its highest level since August 2015, near the 191.30 region touched the previous day.

Markets seem to have entered a consolidative theme ahead of key data releases on both sides of the ocean, while Fed speakers and ECB officials equally appear aligned behind the idea of cutting rates later than the majority of investors anticipate.

The EUR/JPY is dropping late in the North American session, set to register losses of around 0.17% on Tuesday.

In Tuesday's session, the NZD/JPY pair is seen at 92.87, trading with a slight loss of 0.10%.