by Warren Head | Jan 28, 2026 | Currency, Money Market
The US dollar remained under pressure overnight and made broad based losses against G10 currencies, with the dollar index falling to a four-year low, reports BNZ Markets. “The widely watched dollar index (DXY) is on track for the sharpest 4- day decline since the...
by Warren Head | Dec 18, 2025 | Currency
Net currency moves have been small overnight BNZ Markets comments that JPY is the weakest of the majors, down 0.4% overnight which sees USD/JPY up to 155.50. An expected Bank of Japan hike tomorrow is almost fully priced and some traders don’t see any yen upside from...
by Warren Head | Jul 29, 2025 | Currency
After digesting the weekend news of a US-EU trade deal, the net result has been a slump in the euro, a modest fall in European equity markets and a modest fall in European bond yields, reports BNZ Markets “The USD is broadly stronger, reversing last week’s loss,” said...
by Warren Head | Jun 30, 2025 | Currency
30.5.25 The US dollar was stable on the major crosses but made modest gains against the dollar-bloc currencies. Although the moves were not large, the Canadian dollar (CAD) was the weakest G10 currency after the trade policy developments, notes Stuart Ritson at BNZ...
by Warren Head | Jun 12, 2025 | Currency
12.6.25 Softer than expected US CPI data drove down US rates and the US dollar, although European currencies have been the main beneficiary, says BNZ Markets. US inflation data were weaker than expected, with the CPI ex food and energy, up 0.1% compared to the...
by Warren Head | Jun 9, 2025 | Currency, Economy, Global Share Markets, Money Market
9.6.25 US equity markets made solid gains Friday supported by labour market data and further signs of easing US-China trade tensions. BNZ Markets notes this morning that the S&P closed 1% higher and reached the psychological 6,000 level for the first time since...
