What happened Tuesday
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
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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.