Reserve Bank of New Zealand (RBNZ) Deputy Governor Christian Hawkesby said in an interview on Thursday that “New Zealand is well-placed to respond to trade shocks.” Additional quotes Economy better balanced; inflation low.
The USD/CHF pair meets with some supply during the Asian session on Thursday and for now, seems to have snapped a three-day winning streak to the weekly top, around the 0.9055 area touched the previous day.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that he “had a regular exchange of views with Prime Minister (PM) Shigeru Ishiba.” Additional quotes Explained economy, financial developments.
West Texas Intermediate (WTI) US Crude Oil prices extend the overnight pullback from the vicinity of the $73.00 mark, or a one-week top, and drift lower during the Asian session on Thursday.
The Indian Rupee (INR) is holding steady on Thursday. Concerns over the impact of trade tariffs and Foreign Portfolio Investment (FPI) outflows could exert some selling pressure on the local currency.
Speaking to Bloomberg News on Thursday, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said the central bank’s “policy is still restrictive.” Additional quotes Hard to see bad news in the latest jobs data.
The Japanese Yen (JPY) gained strong follow-through traction on Thursday and dragged the USD/JPY pair to its lowest level since December 9, around mid-150.00s during the Asian session.
The Australian Dollar (AUD) holds gains against the US Dollar (USD) following the release of domestic employment data and China’s interest rate decision on Thursday.
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1712 as compared to the previous day's fix of 7.1705 and 7.2856 Reuters estimates.
Australia’s Unemployment Rate rose to 4.1% in January from 4.0% in December, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.
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