NZD/USD is recovering on Thursday in the American session, regaining the mid-0.5800s after rising off two-week lows reached during the Asian session. The New Zealand Dollar (NZD) has clawed back some ground as the US Dollar (USD) lost momentum.A survey from the Reserve Bank of New Zealand (RBNZ) showed inflation…
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See AllAUD/USD is trading little changed on Thursday, shrinking near the 0.7050s below the multi-week high reached on Wednesday near 0.7091. The pair holds its ground after US data pointed to cooling price pressure, keeping the US Dollar (USD) stagnant.The US Producer Price Index (PPI) was flat on the month in July, coming in below expectations, while the annual pace eased and the core measures also softened. The prints trimmed bets on further Federal Reserve (Fed)…
Ford Motor Co. is giving its Louisville Assembly Plant a massive makeover as it prepares…
Deutsche Bank’s Sanjay Raja notes that the UK economy remained strong over spring, with UK…
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