The NZD/USD pair loses ground to 0.5910 after retreating from a weekly high of 0.5935 during the early Asian trading hours on Tuesday. The latest data
The headlines surrounding economic development in China might benefit the Kiwi .Market players await the US Consumer Price Index , Chinese data.
The latest data from Statistics New Zealand revealed on Tuesday that the nation’s Electronic Card Retail Sales for August came in at 3.7% YoY from 2.2% in the previous reading, while the monthly figure grew 0.7% versus 0% prior. Finally, the Visitor Arrivals for July came in at 59.3% YoY from the previous reading of 88.5%.
On the US Dollar front, recent data showed that the US manufacturing sector has been weaker than the services sector. Investors believe that the Federal Reserve will pause the interest rate in the September meeting. However, the release of the US Consumer Price Index on Wednesday could provide hints Fed about the further rate hike for the rest of the year. Investors expect the US headline CPI to rise at a 0.5% annual rate owing to a rebound in gasoline costs.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
NZD/USD reclaims the 0.5900 area amid the weaker USD, eyes on US CPIThe NZD/USD pair recovers some lost ground and reclaims the 0.5900 mark during the early Asian trading hours on Monday. The absence of economic data o
Consulte Mais informação »
NZD/USD Price Analysis: Pair extends the winning streak, trades around 0.5930NZD/USD extends gains in the third trading session, trading higher around 0.5930 during the Asian session on Monday as a result of the retreat in the
Consulte Mais informação »
NZD/USD stabilizes above 0.5900 amid a risk-on mood, US Inflation eyedThe NZD/USD pair stabilized the auction above the round-level resistance of 0.5900 in the late European session. The Kiwi asset aims to extend upside
Consulte Mais informação »
![Busy week ahead: New iPhone, US CPI, ECB verdict, ARM IPO [Video]](https://i.headtopics.com/images/2023/9/11/fxstreetnews/busy-week-ahead-new-iphone-us-cpi-ecb-verdict-arm--busy-week-ahead-new-iphone-us-cpi-ecb-verdict-arm--48D82AAD5EAA8CC894FD4B71F9C5F9C8.webp?w=640)
Busy week ahead: New iPhone, US CPI, ECB verdict, ARM IPO [Video]The S&P 500 ended last week on a meagre positive note, as the selloff in Apple shares slowed. Apple will be unveiling the new iPhone15 after the Chine
Consulte Mais informação »
Coinbase CEO Brian Armstrong’s stablecoin hot take: Flatcoin linked to CPICoinbase CEO, Brian Armstrong, told Yahoo Finance in an interview that the next iteration in stablecoins is flatcoin. While stablecoins like USD Tethe
Consulte Mais informação »
US CPI holds the keyOn Friday, U.S. stocks experienced minimal fluctuations, yet they closed the week with a decline of 1.5%. This dip comes as a response to the mounting
Consulte Mais informação »