Monthly Archives: May 2025
Dollar Index Rebounds as U.S. Consumer Confidence Surges
Written on May 29, 2025 at 7:17 am, by
Key Takeaways: *U.S. Consumer Confidence surged to 98.0 vs. expected 87.1. *Durable Goods Orders better than forecast, supporting dollar sentiment. *Longer-term risks tied to tariffs and budget spending cloud outlook. The Dollar Index rebounded sharply on Tuesday, recovering recent losses after a string of stronger-than-expected U.S. economic data boosted investor sentiment. According to the ConferenceContinue Reading
NZD Holds Firm Ahead of RBNZ Decision Amid Mixed Forces
Written on May 27, 2025 at 4:08 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
