Topic: Daily Market Updates

Greenback down for third day after downgrade. Fed in “wait-and-see” mode. New Zealand trade could support kiwi.

Budget worries weigh on USD. RBA cuts, dovish shift sparks economic concerns. Tariff effects evident in China’s April data.

Aussie in focus ahead of RBA. US confidence slump weighs on greenback. Euro weaker in APAC with “rates near terminal”.

Moody’s downgrade hits USD. Kiwi falls from highs despite manufacturing recovery. Inflation and RBA cut to set the tone for this week.

USD slips in Asia, led by USD/JPY. Job, wage acceleration make RBA cut less certain. UK-US trade deal stirs Chinese concerns.

USD stronger across APAC ahead of US retail sales. Aussie weaker ahead of local jobs. JPY gains on BoJ’s Uchida tariff concern.