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British Pound edges higher vs softer USD as geopolitics cap gains

The GBP/USD pair attracts some dip-buyers during the Asian session on Friday and, for now, seems to have snapped a two-day losing streak to the weekly low, which it touched the previous day. Spot prices, however, struggle to capitalize on the uptick beyond the 1.3500 psychological mark, warranting some caution…

New Zealand Dollar steadies off two-week lows following dovish RBNZ survey

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 expectations easing in the third quarter, slipping to 2.34% from 2.53% previously. Cooler expectations give the central bank less reason to tighten policy and add…

Business

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Ford is preparing to expand U.S. production of Lincoln vehicles as the automaker moves toward ending imports from China for American customers, a move Commerce Secretary Howard Lutnick highlighted while discussing the Trump administration’s push to expand domestic manufacturing. Lutnick joined FOX Business’ Larry Kudlow on “Kudlow” to discuss the…

Markets

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Flock adds new guardrails after public backlash and allegations of police misuse

Flock Safety is making changes in the wake of public backlash and media reports scrutinizing how its cameras are being used to surveil American drivers.The company is tightening its privacy and accountability safeguards for law enforcement accessing its camera network.In a Thursday blog post, CEO Garrett Langley outlined “changes that…

Investing

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