NZD/USD pressured in a firmer US Dollar environment – by fx_ross NZDUSD Currencies DollarIndex Fed
US Dollar firms on JPMorgan Chase's takeover of First Republic Bank.has been trading in a sideways fashion to start the week in choppy holiday conditions. The pair travelled between a low of 0.6161 and 0.6200.
"Our government invited us and others to step up, and we did," JPMorgan Chase CEO Jamie Dimon said in a statement. "This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NZD/USD faces tough hurdles above 0.6180 ahead of US ISM PMI and Fed policyThe NZD/USD pair has failed to sustain above the crucial resistance of 0.6180 in the early Asian session. The Kiwi asset has sensed selling interest a
Read more »
NZD/USD bulls prod 0.6200 as RBNZ defends hawks, UK-New Zealand trade deal loomsNZD/USD clings to mild gains around 0.6180 as the Kiwi pair buyers cheer upbeat catalysts at home while struggling with the US Dollar strength during
Read more »
NZD/USD flat-lines below 0.6200 mark, modest USD strength caps the upsideThe NZD/USD pair struggles to capitalize on its modest uptick and seesaws between tepid gains/minor losses through the first half of trading on Monday
Read more »
Dollar bulls are praying for a mild downturnThe greenback has lost 14% versus the euro since September, as investors bet on Europe’s recovery and China’s reopening. Inflation and interest rate trends still favour the single currency. The best hope for the buck is a minor economic slowdown to boost its safe haven status.
Read more »
What Home Depot's billion-dollar pay raise may help prove about workersHome Depot's $1 billion investment in wages as sales slow took Wall Street by surprise, but paying workers more can pay off for big companies.
Read more »
'Super Mario Bros. Movie' Joins Billion-Dollar Pandemic Box Office ClubThe 'Super Mario Bros. Movie' is just the latest film in pandemic times to hit a billion dollars at the box office.
Read more »