The New Zealand dollar edged sharply lower against its major opponents on Thursday morning in Asia following the Reserve Bank of New Zealand noted in the statement after the interest rate decision that the pace of further rate increase is “likely to be more moderate than was projected in the June Statement”. The Reserve Bank
The Australian dollar lost ground against other major currencies during Wednesday’s early North American session. The dollar fell to a 2-day low against the yen and fresh multi-day lows against the dollar, the euro and the Canadian dollar. The Australian currency lost ground against its Japanese counterpart in early North American session on Wednesday. The
The New Zealand dollar edged lower against most of its major counterparts in late Asian trading on Wednesday following a report showed that business confidence in New Zealand fell for a third consecutive month in July. The kiwi slumped to multi-day lows against the currencies of the U.S. and Europe. The National Bank of New
Wednesday morning in Asia, the Australian dollar plummeted against other major currencies after a report showed that Australia’s consumer price index rose at a weaker than expected pace in the second quarter. The aussie slumped to a 2-day low against the Canadian dollar, 12-day low against the New Zealand dollar, 6-day low against the euro
The euro slipped against other major currencies in early European deals on Monday, thus paring the gains it made in early Asian deals. The euro eased from near an 8-week high against the yen and a 6-day high against the franc. Following news that majority of European banks passed the stress test on Friday, most
