Weekly Market Recap & Outlook

NZD/USD hovers near 0.5940 as weak NZ data contrasts with strong U.S. credit growth The New Zealand dollar traded cautiously on Tuesday, with NZD/USD consolidating around 0.5940 after disappointing local data signalled softer growth momentum. New Zealand’s...

All Eyes on US Nonfarm Payrolls The US Dollar (USD) steadied and posted moderate gains, holding in the low 98.00s as investors positioned ahead of Friday’s pivotal Nonfarm Payrolls (NFP) release. Key highlights for Friday, September 5: US Dollar Index (DXY): Rebounded...

Gold prices surged on Wednesday, with XAU/USD climbing to an all-time high of 357,800. Softer US labour market data reinforced expectations of a Federal Reserve rate cut at the September meeting, weighing on the dollar and Treasury yields while providing strong...

AUD/USD holds near 0.6520 as Australia GDP beats expectations at 0.6% Australia’s Q2 2025 GDP expanded by 0.6% q/q, topping forecasts of 0.5% and accelerating from the prior 0.3%. The stronger reading signalled improved momentum in domestic activity, with both...

USD/JPY climbs to 147.85 as BoJ caution and risk appetite weigh on yen The Japanese yen weakened on Tuesday, with USD/JPY rising to 147.85, its highest in nearly a week. The move reflected dovish signals from the Bank of Japan (BoJ) and improving global risk...

USD consolidates near 0.5880 as New Zealand trade data surprises to the upside New Zealand’s Q2 2025 trade data came in stronger than expected, reinforcing optimism over the country’s external sector. The overseas trade index rose 4.1% q/q, beating forecasts of 2.0%...

The AUD/USD pair advanced toward 0.6540 in early Asian trading on Monday, supported by growing expectations of a Federal Reserve interest rate cut in September that continues to weigh on the US Dollar. Later today, markets will turn their focus to China’s...

The Australian Dollar rises against the US Dollar, with AUD/USD advancing to the 0.6530 area during Thursday’s European session. The greenback weakens sharply as markets grow more convinced that the Federal Reserve will deliver a rate cut at its September meeting.

AUD/NZD tests 1.1130 as Australia capex disappoints while NZ outlook stabilizes The Australian Dollar and New Zealand Dollar both reacted to fresh domestic data releases on August 28. In Australia, the Q2 Private Capital Expenditure report showed total new investment...