FxWirePro: USD/ZAR gains some ground as South African rand struggles amid renewed global uncertainty 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
FxWirePro: EUR/ AUD eases slightly, focus on near term support 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR recovers as traders assess US and South African data 
FxWirePro: USD/CAD extends loses as bearish sentiment grips 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Add as a preferred source on Google
NZD lost its shine after a surprise dovish rate cut. It declined sharply to 0.60040 and is currently trading around 0.60054.
The Reserve Bank of New Zealand (RBNZ) cut rates by 25 bps to 5.25% from 5.50% today. The central bank’s new economic projection indicates a possibility of another rate cut this year and 100 bpbs in 2025.
Annual CPI inflation is projected at 2.4% by Sep 2025 vs 2.2% previous.
The near-term support is around 0.59970, any break below will drag the pair to 0.5970/0.5940.
On the higher side, immediate resistance is 0.60230 any breach above targets 0.6350/0.60440.
It is good to sell on rallies around 0.60250 with SL around 0.6050 for a TP of 0.5945.
