USD/KRW holds intraday gains around 1,480 as BoK advocates wait mode amid Iran risks

USD/KRW holds intraday gains around 1,480 as BoK advocates wait mode amid Iran risks

The USD/KRW pair holds onto its early gains around 1,478.00 during the Asian trading session on Friday. The pair trades firmly as the South Korean Won (KRW) weakens after the Bank of Korea’s (BoK) monetary policy announcement, in which the central bank left interest rates at 2.5%, as expected, and guided officials advocate a “wait […]

When are the China’s CPI, PPI and how could they affect AUD/USD?

When are the China’s CPI, PPI and how could they affect AUD/USD?

China’s CPI, PPI Overview The National Bureau of Statistics of China (NBS) will publish its data for March at 01.30 GMT. The Consumer Price Index (CPI) is expected to show a rise of 1.2% YoY in March, compared to 1.3% in February. The Producer Price Index (PPI) is projected to show an increase of 0.4% […]

NZD/USD surges as geopolitics and Fed stance favor Kiwi

NZD/USD surges as geopolitics and Fed stance favor Kiwi

The NZD/USD pair is trading muted near 0.5860 on Friday, after climbing for four straight days, hovering near recent highs as the US Dollar (USD) remains supported by a combination of geopolitical tensions and a cautious Federal Reserve outlook. The breakdown in communication between the United States and Iran, alongside ongoing military activity and uncertainty […]