NZD/USD seesaws around 0.6180, recently easing from an intraday high, as bulls remain unconvinced despite upbeat China data during early Friday. The reason could be linked to the hawkish Fed bets and cautious mood ahead of Zealand Q1 Consumer Price Index (CPI). China’s Q1 GDP grows 2.2% QoQ versus t

NZD/USD seesaws around 0.6180, recently easing from an intraday high, as bulls remain unconvinced despite upbeat China data during early Friday. The reason could be linked to the hawkish Fed bets and cautious mood ahead of Zealand Q1 Consumer Price Index (CPI). China’s Q1 GDP grows 2.2% QoQ versus t

USD/JPY bulls struggle to keep the reins during a three-day winning streak amid early Tuesday. While portraying the same, the Yen pair eases from an intraday high, as well as the highest levels since March 15, to 134.50 at the latest. The latest chatters surrounding the Bank of Japan’s (BoJ) easy mo

The USD/CNH pair has shown a wild gyration after the release of upbeat China’s Gross Domestic Product (GDP) data. China’s GDP has expanded by 2.2% in the first quarter of CY2023 as expected by the market participants. On an annual basis, China’s growth rate data has soared to 4.5% vs. the expectatio

New Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Tuesday, “fiscal constraints won't undermine ability to carry out monetary policy.”

AUD/USD pares the first daily gains in three around 0.6710, after an initial jump to 0.6720, as strong China growth data joins RBA Minutes-led optimism during early Tuesday. That said, China’s Q1 GDP grows 2.2% QoQ versus 2.2% expected and 0.0% prior. Further, Retail Sales growth jumps 10.9% YoY in

The Gross Domestic Product (GDP) released by the National Bureau of Statistics of China studies the gross value of all goods and services produced by China. The indicator presents the pace at which the Chinese economy is growing or decreasing. As the Chinese economy has influence on the global econo

China released a series of red data on Tuesday as follows: Gross Domestic Product (GDP) Chinese GDP (Y/Y) Q1: 4.5% (exp 4.0%; prev 2.9%) Industrial Production Chinese Industrial Production (Y/Y) Mar: 3.9% (exp 4.4%; prev 2.4%) Retail Sales Chinese Retail Sales (Y/Y) Mar: 10.6% (exp 7.5%

The AUD/JPY pair has scaled above the critical resistance of 90.30 strongly after the release of the Reserve Bank of Australia (RBA) minutes. The RBA minutes convey that policymakers had considered the decision of hiking rates further actively. However, the decision to maintain THE status-quo was ta

AUD/NZD cheers upbeat statements from the latest Reserve Bank of Australia (RBA) Monetary Policy Meeting Minutes during early Tuesday, picking up bids to refresh intraday high near 1.0850 at the latest. In doing so, the exotic pair reverses the initial losses, the first in the seven days, to rejoin

EUR/JPY extends the needle-like uptrend and surpasses the key 147.00 hurdle fort het first time since late October 2022. Considering the ongoing price action, further gains in the cross remain in store for the time being. That said, the continuation of the upside momentum could extend further and ch

"In their recent speeches, Governor Lowe and Deputy Governor Bullock made it clear that the RBA wanted to pause to assess the impact of the rapid rate hikes and the economic outlook. Thus, we expect the Apr Minutes to follow closely to the content of their speeches and don't expect any surprises. Ag

"In their recent speeches, Governor Lowe and Deputy Governor Bullock made it clear that the RBA wanted to pause to assess the impact of the rapid rate hikes and the economic outlook. Thus, we expect the Apr Minutes to follow closely to the content of their speeches and don't expect any surprises. Ag

Analysts at TD Securities say that they don't expect the minutes of the Reserve Bank of Australia's (RBA) April policy meeting to offer any surprises.

Analysts at TD Securities say that they don't expect the minutes of the Reserve Bank of Australia's (RBA) April policy meeting to offer any surprises.