USD/JPY rose to 149.75, up 0.50%, as traders await Trump’s speech and BoJ rate hike signals.
The ANZ World Commodity Price Index rose 3.0% in February 2025, tracking key New Zealand export prices.
Trump addressed Congress, urging oil drilling, tax cuts, tariffs, border security, and highlighting a stronger US Dollar.
Karoline Leavitt discussed foreign policy, Ukraine, Gaza hostages, deportations, and trade deal differences with Europe.
NZD/USD holds near 0.5650 as China’s Services PMI rises; US Dollar pressured by tariffs, growth concerns.
Lutnick and Ford clashed over trade tensions, with Lutnick criticizing Trudeau’s remarks as “very dumb.”
BoJ may adjust policy; interest rates monitored; wages and consumption rising; economy recovering; JGB purchases possible.
The IRS plans to cut its workforce by 50% through layoffs, attrition, and buyouts, sources report anonymously.
China’s Services PMI rose to 51.4, impacting Australia’s economy, Iron Ore prices, trade balance, and the AUD.
The euro strengthens as US equities struggle, pushing EUR/USD to its highest level since December 6.
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