New Zealand Central Bank Maintains Rates
Check Out the Latest Forex News: RBNZ holds rate at 5.5%, less hawkish than expected. NZD falls sharply against USD, markets adjust rate hike expectations.
Source: dailyforex.com
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Thai baht at two-week low as Asian forex end 2022 first week in red on hawkish Fed
Most Asian currencies firmed slightly on Friday, but all the units were set to end the week lower due to lingering pressures of an increasingly hawkish Federal Reserve, while investors awaited US jobs data to assess the need for faster rate hikes.
Source: thestar.com.my
Emerging markets: Thai baht hit a two-week low as most Asian currencies, stocks rise, but Omicron worries loom
Most Asian emerging currencies and equities traded in the positive territory on Tuesday, with the Indian rupee and Malaysian ringgit leading gains, but markets remained under pressure amid the overarching effects of the Omicron variant.
Source: thestar.com.my
Emerging markets: Thai baht hits two week low as most Asian stocks subdued on quicker US rate hike bets
Shares in most Asian emerging markets were subdued on Tuesday, as US Federal Reserve Chair Jerome Powell's reappointment for a second term raised bets for quicker rate hikes, but Philippine stocks recorded their best session in two-and-half weeks.
Source: thestar.com.my
U.S. Cases Steady as Daily Vaccinations Hit Record: Virus Update
The rate of new coronavirus infections across the U.S. was barely changed on Saturday as the country’s vaccination push gathered pace, with the number of jabs in a single day reaching a record 4.6 million.
Source: msn.com