EUR/USD 1.16436
-0.007%
Gold 4202.09
-0.158%
Oil 59.876
0.659%
USD/JPY 155.296
0.120%
GBP/USD 1.33325
0.040%
GBP/JPY 207.053
0.174%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
December 6th - According to data analysis from the Central Bank of Russia by Sputnik News Agency, as of November 2025, the market value of Russias gold reserves has surpassed the $300 billion mark for the first time, reaching $310.7 billion, marking a new record high for the fourth consecutive month. That month, golds share of Russias international reserves rose to 42.3%, the highest level since February 1995. At that time, gold accounted for 43.9%, with a value not exceeding $5.5 billion.According to Business Insider, Meta Platforms (META.O) has postponed the release of its "Phoenix" mixed reality glasses to 2027 in order to "polish the details."On December 6th, local time, US President Trump met with Mexican President Sinbaum for the first time at the World Cup draw ceremony on December 5th. The two leaders reportedly focused their first face-to-face talks primarily on the 2026 USA-Mexico World Cup, also discussing issues such as trade and tariffs. Immigration was not the primary topic of discussion. The draw for the 2026 USA-Mexico World Cup finals was held in Washington, D.C.UBS: The Federal Reserve is expected to purchase approximately $40 billion in short-term Treasury bonds per month in early 2026.On December 6th, Nick Terry, product manager of OpenAIs ChatGPT, stated that there is a great deal of misunderstanding regarding rumors about potential advertising in ChatGPT. No advertising has been tested at present. If we consider introducing advertising in the future, we will do so in a carefully considered manner.

Bulls in the NZD/USD pair reappear and aim for 0.5650

Daniel Rogers

Oct 10, 2022 11:26

 截屏2022-10-10 上午9.38.56.png

 

NZD/USD is correcting after hitting a 30-month low at the start of the week; it is currently trading 0.2% higher amid sluggish holiday market conditions. Until now, the NZD/USD exchange rate has fluctuated between 0.5592 and 0.5616.

 

The mixed US Nonfarm Payrolls report was generally positive for the dollar and US rates, but it was difficult for the Federal Reserve to deal with the inflation headwinds ahead of this week's US Consumer Price Index and US Retail Sales data. After the results were released, the bird decreased and moved in on a test below 0.5600. The price has climbed at the start of the week to face opposition in the near term, as shown in the charts below.

 

Also widely anticipated by traders are the minutes from the previous Fed meeting. According to analysts at TD Securities, the September dot plot displays a higher-than-expected Fed Funds terminal rate of 4.625% with a relatively uniform distribution of dots around this level." How much of this was discussed at the September meeting is the question. These conversations were probably more hawkish than the current dovish pivot markets narrative, given the trends in core CPI inflation.

 

In a report published on Monday morning, analysts at ANZ Bank claimed that rising market expectations of Fed rate hikes over the weekend helped the US usd. The New Zealand dollar retraced down below 0.56 as a result.

 

Although the numbers were better than expected and the unemployment rate fell, the rate of job growth slowed and the monthly salary increase was as anticipated. With all eyes now on the US CPI data later this week, the USD/JPY exchange rate is about 2.2% higher than it was late last Tuesday.

 

"Local factors are simply absent, and anecdotally, the current account deficit in New Zealand is attracting more unfavorable attention. The NZD needs positive rather than negative attention, which is now lacking in a world where US interest rates are leading the way higher.


Suggestion