• The Wall Street Journal

    New Zealand Dollar Sinks on Possible End to Rate Rises

    Pop quiz: Which central bank has probably just finished its most aggressive series of interest-rate increases in decades? In the last 18 months, it has raised interest rates from close to zero to more than 5%.

  • Investing.com

    Dollar stabilizes ahead of Fed minutes as debt negotiations continue

    While talks between both political parties continue over the lifting of the U.S. government's $31.4 trillion debt ceiling, any progress seems to be hard won and there are few signs of a deal being reached anytime soon. There’s now just over a week before the early-June deadline that U.S. Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of sufficient cash to function as normal.

  • Investing.com

    RBNZ hikes rates by 25 bps as expected, flags more economic pain

    Investing.com -- The Reserve Bank of New Zealand hiked interest rates as expected on Wednesday and said that rates will remain higher for longer given stubborn inflation, although local economic growth is likely to suffer as a result of monetary tightening.

  • FX Empire

    The Future of Forex: ChatGPT’s Role in Shaping the Currency Trading Landscape

    Artificial Intelligence (AI) has been a hot topic in the world of trading for decades. Will AI ever be able to outperform humans in making potentially profitable decisions?

  • InvestorPlace

    7 Up-and-Coming Cryptos to Keep an Eye on in May 2023

    Up-and-coming cryptos to buy are arguably even more speculative than the crypto sector overall. For example, the cryptos to buy listed below could fall or they could rise but whichever way they go, they’re likely to move in big jumps. So, anyone from casual observers to crypto investors seeking risk might find this article of interest. These are emerging names in crypto for the most part. Potential rug pulls may exist. Again, beware. A few well-known names show up as well and have clear upside p

  • InvestorPlace

    3 Cryptos to Sell in May and Go Away

    Investors looking for cryptos to sell may not have been rewarded too well this year, which may not change soon. However, the crypto market is saturated with projects that have no utility and can only be used for transfers with high fees. Even then, people only hold or transfer them because of speculation about their future price instead of their uses. With a recession on the horizon later this year, I strongly believe that crypto investors should start dumping such projects and move into the big

  • FX Empire

    A Deep Dive into Carry Trades and Arbitrage Opportunities in the Forex Market

    Carry trade and arbitrage strategies focus on exploiting specific market conditions and inefficiencies, and if used well can be complimentary to both technical and fundamental analysis.

  • InvestorPlace

    Warning! 3 Cryptos That Are Too Risky to Own Right Now.

    Traders must meticulously pick the ventures they wish to invest in long-term in the digital currency market. Many crypto projects remain flawed or predatory, which puts investors in a difficult position. Risky cryptos have proliferated as crypto valuations surged and investors focused on profits over substance. Regulatory crackdowns following the FTX scandal have increased concerns among investors, with governments worldwide seeking to establish new precedents that could alter the industry. Here

  • InvestorPlace

    3 Sorry Cryptos to Sell in April Before It’s Too Late

    As the cryptocurrency market experiences a surge of enthusiasm, savvy investors would want to identify cryptos to sell to limit the downside. While well-founded projects continue to hold investment potential, some flooded the market with altcoins and meme coins that lack real-world utility. The long-term outlook for such cryptos to sell appears to be remarkably bleak. However, occasional spikes during market rallies allow crypto traders to sell or short their tokens yielding hefty profits. Those

  • InvestorPlace

    3 Penny Cryptos With High Liquidity for Easier Trading

    Investors that trade in penny cryptos have one overriding concern: liquidity. Liquidity is the ease, speed, and price at which an asset can be swapped for other investments. In short, if low-priced crypto isn’t easily tradable, it isn’t beneficial to investors. If a token appreciates 50%, but the owner can’t sell it, it is much less valuable. Conversely, if the same token owner can immediately realize a 50% gain on the said token, it becomes much more relevant. So, the question then is how inves

  • Investing.com

    New Zealand CPI inflation misses Q1 expectations, Kiwi slides

    By Ambar Warrick

  • Reuters

    FOREX-Yen sinks as rates outlook diverges; NZ dollar tumbles

    The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for further Federal Reserve rate hikes, highlighting a growing disparity with Japan where the central bank continues to pin the benchmark yield near zero. The yen slipped 0.4% against the U.S. dollar to 132.70, extending its decline from Friday, when data showed the U.S. economy continued to add jobs at a brisk pace in March. The dollar strengthened against the yen because of the continued strong growth in the U.S. labour market despite inflation and sharp interest rate rises, Mizuho analysts Masafumi Yamamoto and Masayoshi Mihara wrote in a client note.

  • Reuters

    FOREX-Yen sinks as rates outlook diverges; NZ dollar slides

    The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for further Federal Reserve rate hikes, highlighting a growing disparity with Japan where the central bank continues to pin the benchmark yield near zero. The yen slipped 0.3% against the U.S. dollar to 132.47, extending a similar-sized decline from Friday, when data showed the U.S. economy continued to add jobs at a brisk pace in March. The dollar strengthened against the yen because of the continued strong growth in the U.S. labour market despite inflation and sharp interest rate rises, Mizuho analysts Masafumi Yamamoto and Masayoshi Mihara wrote in a client note.

  • Yahoo Finance Video

    CFTC regulators discuss concerns on crypto, memecoin prices surge following Twitter logo change

    Yahoo Finance crypto reporter David Hollerith joins the Live show with an update on cryptocurrency news, including comments by CFTC regulators and the jump in the price of dogecoin after Twitter changed its logo to a Shiba Inu.

  • Investing.com

    Dollar remains weak as Fed nears end of hiking cycle

    The U.S. dollar languished near two-month lows in early European trade Monday as weak economic data support the idea that the U.S. Federal Reserve may be near the end of its rate-hiking cycle. The dollar started last month on a firm footing on expectations sticky inflation would prompt the Federal Reserve to take interest rates higher than previously thought. Federal Reserve Bank of Cleveland President Loretta Mester indicated on Tuesday that the central bank likely has more rate rises ahead of it, seeing the fed funds rate moving above 5%.

  • Investing.com

    Asia FX, dollar muted amid economic fears, Kiwi rallies on hawkish RBNZ

    By Ambar Warrick

  • Investing.com

    RBNZ hikes rates by surprise 50 bps, says inflation still too high

    By Ambar Warrick

  • Investing.com

    New Zealand economy shrinks in Q4 as rate hikes, high inflation weigh

    By Ambar Warrick

  • Forkast News

    Bitcoin, Ether, Forkast 500 NFT index close lower on the day

    Bitcoin and Ether tumbled during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies by market capitalization, pressured by crypto bank Silvergate’s liquidation

  • Investing.com

    Dollar edges lower ahead of payrolls; yen weakens after BOJ stands pat

    The U.S. dollar edged lower in early European trade Friday ahead of the key monthly jobs report, and the yen weakened after the Bank of Japan retained its ultra-dovish stance. This was an economic release that Federal Reserve Chair Jerome Powell specifically mentioned earlier this week as influencing the thinking of the central bank policymakers as far as further interest rate hikes are concerned. Nonfarm payrolls are expected to have increased by 205,000 jobs last month, a slowdown from the blockbuster 517,000 added in January, but the possibility of another upside surprise exists, especially after Powell’s hawkish tone in his semi-annual testimony to Congress.

  • Investing.com

    Dollar regains support; euro weak ahead of inflation data

    The dollar has been supported by higher U.S. Treasury yields, helping the greenback rebound after logging sharp overnight losses. This followed Minneapolis Federal Reserve Bank President Neel Kashkari suggesting that a 50-basis-point rate hike at the U.S. central bank's next meeting later this month was still a possibility. "I think my colleagues agree with me that the risk of under-tightening is greater than the risk of overtightening," Kashkari said at a meeting Wednesday, adding that rates may ultimately need to go higher than the 5.4% level he had thought in December would be adequate.

  • Investing.com

    Dollar retreats, yuan soars after strong Chinese industrial activity data

    The US dollar retreated in Europe Wednesday while the Chinese yuan rose sharply after economic data pointed to a recovery in the second largest economy in the world, sparking risk-on sentiment. Data released earlier Wednesday showed that China's manufacturing activity expanded at the fastest pace in more than a decade in February, confirming that the economic recovery in China gained momentum over the past month after the country relaxed most of its anti-COVID measures in January. China's manufacturing Purchasing Managers' Index rose 52.6 in February, a climb from January's figure of 50.1.

  • Investing.com

    Dollar on course for monthly gain; sterling hands back some trade deal gains

    The U.S. dollar traded higher in Europe Tuesday, on track to post strong gains this month, while sterling gave back some of its gains from the previous session after the U.K. signed a new post-Brexit trade deal with the European Union. The dollar has been on a tear this month as stronger-than-expected economic data, including hot inflation numbers, pointed to the U.S. Federal Reserve raising interest rates further and keeping them high for longer than previously envisaged. "Understandably, investors are now taking the Federal Reserve hawks more seriously and have priced three more 25bp rate hikes from the Fed in March, May, and June."

  • Investing.com

    Dollar retains strength ahead of core PCE index

    At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 104.588, not far removed from the near seven-week high of 104.78 it hit during the previous session. Fourth quarter U.S. GDP growth was revised lower during the previous session, but the economic data released this year has painted a stronger picture of the U.S. economy. A drop in weekly jobless claims showed that the job market remained hot, following on from the extremely strong official jobs report at the start of the month, while retail sales were robust and business activity rebounded to an eight-month high in February.

  • Forkast News

    Markets: Bitcoin, Ether rise along with top 10 cryptos despite Fed signals to raise interest rates

    Bitcoin and Ether rose during Asian trading hours on Thursday, along with all top 10 non-stablecoin cryptocurrencies by market capitalization. Asian equities were down