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Markets
US weekly Initial Jobless Claims decline to 216,000 vs. 225,000 expected
There were 216,000 Initial Jobless Claims in the week ending November 22, a decrease of 6,000 from the previous week's revised level, the US Department of Labor (DOL) reported on…
USD/CHF extends losses as Fed rate cut bets weigh on US Dollar
USD/CHF trades lower on Wednesday, around 0.8060 at the time of writing, down 0.10% on the day. The pair extends the correction initiated after reaching its near three-week high…
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NZD surges after RBNZ delivers fully priced 25bps cut – BBH
The New Zealand Dollar (NZD) climbs after the RBNZ delivers a fully priced 25bps cut and signals an end to its easing cycle, setting the stage for potential NZD gains into 2026,…
Google closes in on Nvidia in the AI race
Google’s parent company got close to a record $4tn market capitalisation, and more than $1tn has been wiped from the cryptocurrency market in the past six weeks. Plus, US consumers…
NZD/USD’s post-RBNZ rally finds resistance above 0.5690
The New Zealand Dollar is trading higher against its US counterpart on Wednesday, boosted by a “hawkish cut” by the Reserve Bank of New Zealand RBNZ) and heightened hopes that the…
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Retail Sales data sparks caution – UBS
In a recent analysis by UBS, Paul Donovan discusses the implications of the latest US Retail Sales data, which showed slight softness. Donovan emphasizes the importance of…
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EUR/USD rallies on a brighter market mood and hopes of Fed rate cuts
EUR/USD appreciates for the third consecutive day on Wednesday, reaching levels right below the 1.1600 line from lows near 1.1500 earlier this week. Growing hopes that the US…