Monthly Archives: May 2025
NZD Holds Firm Ahead of RBNZ Decision Amid Mixed Forces
Written on May 27, 2025 at 4:07 am, by
Key Takeaways: *The New Zealand dollar remains robust, but an eye on RBNZ’s potential rate cut tomorrow. *Chinese better-than-expected economic data and economic stimulus package help to buoy Kiwi’s strength. The New Zealand dollar (NZD), commonly referred to as the Kiwi, has maintained robust performance, trading near its monthly high against major currency peers asContinue Reading
European Markets Rally on Trade Optimism, but Growth Concerns Linger
Written on May 27, 2025 at 4:06 am, by
Key Takeaways: *The euro appreciates while the European equity market gains on trade optimism. *Stable eurozone economic indicators, including inflation data, may help the euro replace the U.S. dollar as the global trade currency. European equity markets closed higher on May 26, 2025, propelled by optimism surrounding improved Euro-U.S. trade relations. The announcement of aContinue Reading
Gold Inches Higher as US Fiscal Woes, Russia-Ukraine Escalation
Written on May 27, 2025 at 4:05 am, by
Key Takeaways: *Safe-haven demand for gold rises as US debt concerns and intensifying Russia-Ukraine conflict rattle investor sentiment. *The US dollar falls to a five-week low, with markets awaiting clarity on the government’s new spending bill. *Geopolitical risk escalates as Ukraine reports record drone strikes and Western allies lift weapon range limits. Market Summary: GoldContinue Reading
