The euro fell in European trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar and backing off a four-week high on profit-taking. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting German and Spanish inflation...

The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar under pressure from the widening interest rate gap between the US and New Zealand. The Reserve Bank of Australia cut interest rates to three-year lows and warned against the impact of US tariffs,...

Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...

The Reserve Bank of New Zealand cut interest rates by 25 basis points to 3.25% to April 2022 lows, the sixth such rate cut in a row, and matching expectations. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise...