Region: Asia Pacific
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Aussie ends highest since November as USD tumbles
USD index hits three-year lows. Aussie back at highs on inflation expectations. Japanese yen gains on USD weakness.
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US-China deal “done” but Aussie doesn’t benefit
Trade-related FX lower despite deal. USD/SGD at decade-lows as Bessent surges in Fed Chair race. RBNZ Governor Orr’s resignation reasons may fuel NZD uncertainty.
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USD nears new lows ahead of US inflation
USD remains stuck near lows. Aussie consumer sentiment stays weak; AUD holds near highs. USD/HKD at top of the range as trade talks progress.
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Aussie backs away from highs on US-China talk worries
US-China trade talks weigh on sentiment. ’50-50′ chances tariffs will cause prolonged US inflation. China’s deflation adds to CNH’s pressure.
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Robust US labor market outweigh concerns over higher yields
Greenback consolidates amid choppy FX markets. Fed policymakers’ top concern is inflation risk. US Treasury requests BoJ measures regarding Yen
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ECB delivered 25bps rate cut as expected
USD softens as risk sentiment wavers. China’s Services PMI shows resilience, but CNH unchanged. Greenback nears three-year lows ahead of jobs data.