EURNZD Forex News

Antipodean Currencies Slide Amid Risk Aversion

Antipodean Currencies Slide Amid Risk Aversion

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday amidst risk aversion, as some traders looked to cash in on recent strength in the markets and booked some profits. The rising tensions in the Middle East and reports about China's extensive drills around Taiwan are also hurting market sentiment.
RTTNews | 10h 35min ago
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 11h 31min ago
Euro Weakens Ahead Of ECB Rate Decision

Euro Weakens Ahead Of ECB Rate Decision

The euro declined against its most major counterparts in the New York session on Tuesday, ahead of the European Central Bank meeting that is widely expected to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.
RTTNews | 23h 1min ago
Antipodean Currencies Rise Amid Risk Appetite

Antipodean Currencies Rise Amid Risk Appetite

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as investor sentiment boosted after data showed the bigger-than-expected increase in U.S. consumer prices further offset optimism the U.S. Fed will continue to aggressively lower interest rates in the coming months. China is also falling as the markets await potential fiscal stimulus announcements on Saturday.
RTTNews | 5 days ago
Antipodean Currencies Rise As Asian Markets Traded Higher

Antipodean Currencies Rise As Asian Markets Traded Higher

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Thursday, as traders remain optimistic about more interest rate cuts by the U.S. Fed, and several other central banks. The minutes from the U.S. Fed's September meeting showed officials agreed to cut interest rates but were unsure how aggressive to get.
RTTNews | 6 days ago
NZ Dollar Falls As RBNZ Cuts Key Rate By 50 Bps

NZ Dollar Falls As RBNZ Cuts Key Rate By 50 Bps

The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand slashed its benchmark rate by 50 basis points, as inflation is converging to the target midpoint, while economic growth is expected to remain subdued in the near term amid restrictive monetary policy.
RTTNews | 7 days ago
Commodity Currencies Drop As Asian Stock Markets Traded Lower

Commodity Currencies Drop As Asian Stock Markets Traded Lower

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as Asian shares traded lower dragged by the tumbling Hong Kong market. Traders also reassessed their expectations for the outlook on interest rates after upbeat U.S. jobs data. Escalating tensions in the Middle East is also weighing on market sentiment.
RTTNews | 8 days ago