The Reserve Bank of New Zealand has cut the interest rate to 3.5% as expected, continuing its efforts to counter economic slowdown and maintain inflation within the target range.
The US dollar is slightly strengthening amid declining business activity in the US, fewer job openings, and market anticipation of Trump's trade tariff announcement.
Turkey's financial markets were shaken following the arrest of Istanbul’s opposition mayor. Authorities intervened urgently to prevent a collapse of the lira and the stock market.
The US currency weakened to 105.46 points against a basket of currencies, reaching its lowest level since December 2024. Investors fear the consequences of new tariffs.
The British pound sterling fell by more than 1% to a three-week low following statements by Andrew Bailey about a possible more aggressive reduction in interest rates.
The Federal Reserve System of the United States has revised its economic growth forecast for 2024 and lowered the key interest rate, indicating a more cautious approach to future economic policy.
The US dollar has strengthened against the euro and the pound amid expectations for the Federal Reserve, stable against the yen; the DXY index is rising
For the first time since 2007, the Bank of Japan may increase the interest rate, ending the era of negative rates and responding to the inflation and wage growth
The U.S. dollar is strengthening against the Japanese yen, maintaining stability against the euro and the pound in light of the upcoming meetings of the world's central banks