US Dollar Steady, RBA Cuts Rates, RBNZ Takes the Torch
From Investing.com: 2025-02-18 05:39:00
The US Dollar stabilizes ahead of tomorrow’s Fed minutes, while the Yen gains ground on BoJ hike bets and the euro slides. The RBA cuts rates but sounds cautious about future moves, with the RBNZ expected to deliver another bold cut. US stock futures rise to start the shortened week, despite Trump’s plans for reciprocal tariffs. The dollar remains steady ahead of the Fed minutes, with investors watching for clues on potential policy adjustments. BoJ could hike in July, while Euro traders focus on Ukraine peace talks. Tonight, the RBNZ meets, with expectations for another bold cut.
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