Live Stocks are getting clobbered as Trump's China trade war intensifies. See the latest. CCY - Delayed Quote • USD NZD/USD (NZDUSD=X) Follow 0.5715 +0.0063 +(1.11%) As of 5:23:34 PM GMT+1. Market Open. All News Will the U.S. Dollar Continue to Rise? Octa Broker Has an Answer The U.S. dollar has been appreciating almost relentlessly since the end of September. Limited Bounce for the Kiwi Dollar After the RBNZ ‘Only’ a double cut means a difference of 0.25-0.5% with the Fed. New Zealand Dollar: Dovish RBNZ Expectations to Mark Fresh YTD Lows The New Zealand dollar has seen a significant decline in the recent months. NZD being a risk asset has experienced a downfall, especially after Trump’s victory. The robust US dollar has brought NZD/USD prices to yearly lows. Dollar edges lower ahead of Jackson Hole; euro, sterling higher The U.S. dollar slipped lower in early European trade Friday, as a rebound from seven-month lows faltered, ahead of Fed Chair Jerome Powell’s eagerly-anticipated speech at the Jackson Hole symposium. This weakness followed concerns about a weakening economy and on expectations the Federal Reserve is close to cutting interest rates. The focus is now squarely on an address by Powell at the Jackson Hole Symposium later on Friday, where he is expected to provide more cues on interest rates and the economy. Dollar on back foot ahead of CPI; sterling slips The U.S. dollar steadied Wednesday, after overnight weakness, ahead of the release of the July consumer price index, while sterling weakened after benign inflation data. The U.S. currency retreated Tuesday after the July producer price index came in softer than expected for July, resulting in traders shifting bets slightly towards a 50 basis point cut in September. The PPI reading ramped up hopes that a consumer price index inflation reading, which is due later on Wednesday, is also expected to show inflation remained benign in July, providing the Federal Reserve with more headroom to begin trimming rates. RBNZ cuts interest rates by 25 bps citing inflation progress, weak growth Investing.com-- The Reserve Bank of New Zealand unexpectedly cut interest rates on Wednesday, citing recent progress towards meeting its annual inflation target and as local economic growth remained weak. Asia FX weakens with yuan volatile, dollar steady ahead of PCE data Investing.com-- Most Asian currencies moved in a flat-to-low range on Friday with the Chinese yuan logging wild swings amid suspected intervention by the People’s Bank, while the dollar steadied ahead of key inflation data. Asia FX muted as dollar dips ahead of econ. data; yen surges Investing.com-- Most Asian currencies moved in a flat-to-low range on Thursday as a rout in equity markets kept traders largely averse towards risk-driven assets, while the dollar retreated ahead of key economic indicators in the coming days. Asia FX edges higher as rate cut bets dent dollar; TWD, CNY lag Investing.com-- Most Asian currencies advanced slightly on Wednesday, gaining more ground against the dollar amid growing optimism that the Federal Reserve was close to cutting interest rates. Dollar steady ahead of Powell Mark II; euro looks to French politics The dollar traded in a tight range Wednesday in the wake of Powell’s initial testimony before Congress, with the Fed chair flagging the recent labor market cooling as an increasingly important factor in deciding when the U.S. central bank will start cutting interest rates. Powell also said a rate cut is not appropriate until the Fed gains "greater confidence" that inflation is headed toward the 2% target. Powell returns to Washington later Wednesday, and traders will be looking for more refinement in his comments ahead of Thursday’s vital consumer inflation data. Asia FX flat as dollar steadies on Powell comments; Kiwi sinks on dovish RBNZ Investing.com-- Most Asian currencies moved in a flat-to-low range on Wednesday as the dollar found some strength after Federal Reserve Chair Jerome Powell offered no direct cues on interest rate cuts. RBNZ keeps interest rates on hold as expected, sees progress in inflation Investing.com-- The Reserve Bank of New Zealand kept interest rates unchanged as expected on Wednesday, but signaled significant progress towards bringing inflation back within its target range. Dollar steady ahead of Fed minutes, sterling gains on CPI release The U.S. dollar traded calmly Wednesday ahead of the release of the minutes from the last Federal Reserve meeting, while sterling gained as inflation fell by less than expected in April. The dollar is struggling to move in any meaningful fashion as traders await the release of the minutes from the last Fed meeting, searching for more cues on the likely path of U.S. interest rates towards the end of the year. Last week’s soft-than-expected consumer inflation data raised hopes of rate cuts in a reasonably short time, but a series of Fed officials have continued to call for policy caution. Asia FX subdued as Fed minutes approach; NZD surges on hawkish RBNZ Investing.com-- Most Asian currencies kept to a tight range on Wednesday as the dollar steadied in anticipation of more cues on U.S. interest rates from the minutes of the Federal Reserve’s recent meeting. RBNZ keeps interest rates steady, sees delayed cuts amid sticky inflation Investing.com-- The Reserve Bank of New Zealand kept interest rates steady as expected on Wednesday, but flagged a potential delay in interest rate cuts due to headwinds from sticky inflation.