New Zealand Business Confidence Surges: ANZ Index Hits 36.6 in June
New Zealand’s business sentiment has recorded a significant upswing, with the ANZ Business Confidence Index climbing to 36.6 in June. This marks a
Forex News
Forex News
Japanese Yen Plunges Past 162.00, Reaching Lowest Level in Nearly Four Decades Against the Dollar
The Japanese yen weakened past the 162.00 mark against the US dollar on Thursday, touching its lowest level in approximately 38 years. The
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Japan’s Kihara Signals Readiness to Act on Excessive Forex Volatility
Japan’s top currency diplomat, Finance Minister Shunichi Kihara, reiterated on Tuesday that authorities are prepared to take appropriate action against excessive and disorderly
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PBOC Sets USD/CNY Reference Rate at 6.8109, Easing Slightly from Previous Fix
The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.8109 on Thursday, a marginal easing from the previous day’s
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WTI Slides Toward $70 as Conflicting Signals Emerge From US-Iran Nuclear Talks
West Texas Intermediate (WTI) crude oil futures declined to approximately $70 per barrel on Wednesday, as traders grappled with conflicting signals regarding the
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Euro Slips Toward 1.1400 as ECB Tightening Expectations Dwindle
The euro softened against the US dollar on Monday, drifting toward the 1.1400 mark as market participants scaled back expectations for further aggressive
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Japan Industrial Production Misses Forecast in May, Rising 0.5% Month-on-Month
Japan’s industrial production grew at a slower-than-expected pace in May, according to official data released on [Date], raising questions about the strength of
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South Korea Service Sector Output Rebounds to 1.3% in May After April Contraction
South Korea’s service sector output rose 1.3% in May 2025, reversing a 1% decline recorded in the previous month, according to newly released
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Gold Slips Toward $4,000 as Persistent Inflation Data Bolsters Higher Rate Expectations
Gold prices edged lower in early trading, approaching the psychologically significant $4,000 mark, as fresh economic data reinforced the view that inflation remains
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PBoC’s New Policy Tool Suggests Measured Yuan Strength, Says BNY
The People’s Bank of China (PBoC) has introduced a new monetary policy instrument that signals a deliberate but mild strengthening bias for the