NZD/USD struggles to sustain above 0.6500 as USD Index shows stellar recovery
NZD/USD is facing hurdles in shifting its auction above 0.6500 amid a recovery in the USD Index. Softening consumer spending has bolstered the expectations of a smaller interest rate hike by the Fed. This week, the release of the NZ Employment data will be of utmost importance. The NZD/USD pair is failing in keeping its […]
Japan PM Kishida says BOJ December ‘tweak’ was to enhance, sustain monetary easing effects
Reuters headline on a remark from Japanese Prime Minister Kishida: Acknowledges BOJ’S December policy decision was an operational tweak to enhance, sustain monetary easing effects smoothly Huh. Given the way inflation is rising in Japan many in the markets saw it as a tiny first step towards the Bank of Japan dially back its ultra […]