Australian CPI data: AUD/USD and AUD/NZD pairs on the radar
Given the RBA’s data-dependent approach, the AUD/USD (Australian dollar versus the US dollar) will be a widely watched pair.
Commonwealth Bank boss makes admission about the future of cash
Commonwealth Bank CEO Matt Comyn has made a major announcement about cash.
Australia, NZ dollars back off resistance, tariff risk looms
That left the Aussie down 0.1% at $0.6339, having backed off a $0.6392 top overnight and away from the 100-day moving average at $0.6404. Support lies at $0.6326, with more resistance at $0.6415. The ...
South Korea’s central bank cuts interest rates to 2.75% despite inflation risks
South Korea’s central bank has lowered its benchmark interest rate to 2.75%, the lowest level since August 2022, to revive a ...
RBI allows New India Cooperative Bank depositors to withdraw up to ₹25,000
With this relaxation, more than 50% of the total depositors can withdraw their entire balances, and the remaining depositors ...
Australian Consumer Confidence Jumps as Rates Fall
SYDNEY--Australian consumer confidence jumped to its highest level since May 2022 last week following the Reserve Bank of Australia's decision to start cutting interest rates in response to weak ...
Is it up to banks to cut their margins to give better interest rates?
The Reserve Bank governor has suggested banks use some of their margins to lower mortgage, but is there really room for that?
New Zealand Dollar steady as retail sales sparkle
The New Zealand dollar is showing little movement on Monday. NZD/USD is trading at 0.5745 in the European session, up 0.07% ...