The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...

The British pound rose in European trading on Thursday against a basket of global currencies, extending gains for the fifth consecutive day against the US dollar and reaching its highest level in a week, supported by weakness in the US currency in the forex market. This rise comes ahead of the Bank of Englands monetary policy decision at the conclusion...

The Japanese yen declined in Asian markets on Thursday against a basket of major and minor currencies, retreating from its two-week high against the US dollar amid active profit-taking and corrective movements. The drop followed less hawkish comments from Japanese political leaders, which reduced expectations of a rate hike by the Bank of Japan in September. Meanwhile, the yield on...

The US dollar continued its decline against major currencies on Thursday, as growing expectations of interest rate cuts by the Federal Reserve combined with rising concerns over partisan divisions creeping into key American institutions. Initial jobless claims in the US are under scrutiny after last weeks disappointing employment data, which contributed to the dollars weakness. In contrast, the euro found...