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21 Aug 2025
Trading news
Aug 21, 2025
NZD/USD weakens below 0.5850 on dovish RBNZ cut
The NZD/USD pair loses ground near 0.5815 during the early Asian session on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) delivered a rate cut and left the door open for further moves lower.
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Aug 21, 2025
US Dollar Index posts modest gains above 98.00 ahead of US PMI releases
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades in positive territory near 98.30 during the Asian session on Thursday.
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