Australian Dollar drifts higher above 0.7000 as Trump signs US-Iran deal

Australian Dollar drifts higher above 0.7000 as Trump signs US-Iran deal

The AUD/USD pair gathers strength to around 0.7025 during the early Asian trading hours on Thursday. Optimism surrounding the US-Iran peace deal provides some support to the riskier assets, such as the Australian Dollar (AUD) against the US Dollar (USD). The US Initial Jobless Claims report will be published later in the day.  US President […]

New Zealand’s Gross Domestic Product grows less than expected in Q1

New Zealand’s Gross Domestic Product grows less than expected in Q1

New Zealand’s Gross Domestic Product (GDP) grew by 0.8% QoQ in the first quarter (Q1) of 2026, compared with a 0.5% expansion (revised from 0.2%) in the fourth quarter of 2025, Statistics New Zealand showed on Thursday. This reading came in weaker than the expectation of a rise of 0.9%. The first-quarter GDP expanded by 1.5% YoY, compared with a […]

Policymakers don’t feel bound by their dots

Policymakers don’t feel bound by their dots

At the post-meeting press conference, Fed Chair Kevin Warsh explains why policymakers decided to keep interest rates unchanged following the June meeting and takes questions from reporters on the decision. Warsh’s press conference highlights Warsh said the Committee’s goal is to get monetary policy right and stressed that the Fed’s dual mandate of price stability […]