News
New Zealand Dollar weakens despite stronger Trade Balance data
50+ min ago (487+ words) The record-breaking surplus was driven by a powerful surge in outbound shipments, with exports rising to an all-time high of NZD 8. 6 billion. In contrast, annual imports declined to NZD 6. 7 billion. This trade imbalance underscores highly resilient external demand for New…...
Fed update: Strong nominal macro warrants tightening bias
57+ min ago (431+ words) As downside risks to employment have eased, new upside risks to inflation have risen on several fronts. AI-driven investment demand is increasingly not just fuelling real growth, but also cost pressures that will pass through to consumer prices. In April,…...
EUR/USD Forecast: Holds above 1. 1600 as Iran risks, Fed support USD
1+ hour, 5+ min ago (347+ words) The EUR/USD pair struggles to capitalize on the previous day's bounce from the 1. 1585-1. 1580 region, or its lowest level since April 7, and seesaws between tepid gains/minor losses during the Asian session on Thursday. Spot prices, however, manage to hold…...
Swiss Franc declines as US Dollar advances on US-Iran uncertainty
1+ hour, 44+ min ago (309+ words) USD/CHF edges higher after registering modest losses in the previous day, trading around 0. 7870 during the Asian hours on Thursday. The pair appreciated as the US Dollar (USD) maintains its footing, driven by a complex mix of geopolitical developments and…...
Australia's Unemployment Rate climbs to 4. 5% in April, vs 4. 3% expected
4+ hour, 33+ min ago (473+ words) Australia's'Unemployment Rate climbed to 4. 5% in April from 4. 3% in March, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus of 4. 3%. Furthermore, the'Australian Employment'Change arrived at -18. 6 K in…...
Australia Full-Time Employment declined to -10. 7 K in April from previous 52. 5 K
4+ hour, 34+ min ago (244+ words) After bottoming out near 1. 1580, EUR/USD regains balance and advances past the 1. 1600 barrier ahead of the opening bell in Asia. The daily rebound in spot comes amid renewed selling interest hurting the Greenback on the back of somewhat easing geopolitical…...
Australia Consumer Inflation Expectations: 5. 6% (May) vs previous 5. 9%
4+ hour, 21+ min ago (244+ words) After bottoming out near 1. 1580, EUR/USD regains balance and advances past the 1. 1600 barrier ahead of the opening bell in Asia. The daily rebound in spot comes amid renewed selling interest hurting the Greenback on the back of somewhat easing geopolitical…...
Australian Dollar falls toward 0. 7100 as Unemployment Rate climbs in April
3+ hour, 58+ min ago (365+ words) AUD/USD depreciates after registering over 0. 5% gains in the previous day, trading around 0. 7120 during the Asian hours on Thursday. The pair depreciates as the Australian Dollar (AUD) declines following the release of softer Australian labor market data. A surprise jump…...
Australian Dollar slides vs NZD on weak jobs data
4+ hour, 17+ min ago (292+ words) The AUD/NZD cross meets with a fresh supply during the Asian session on Thursday and slides closer to the previous day's low, around the 1. 2150 region in reaction to the disappointing Australian employment data. Last release: Thu May 21, 2026 01: 30 Source: Australian…...
British Pound trades flat as cooling UK inflation, Iran tensions cap upside
3+ hour, 43+ min ago (432+ words) The GBP/USD pair holds steady around 1. 3435 during the Asian trading hours on Thursday. However, a sharp slowdown in UK inflation and uncertainty surrounding US'Iran talks could weigh on the British Pound (GBP) against the US Dollar (USD). Traders await…...