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Kiwi Slumps as RBNZ Dovish Tilt Deepens Rate-Cut Bets

Key Takeaways: *RBNZ cut rates by 25 bps but signaled scope for deeper easing, with some policymakers backing a 50 bps move. *The central bank flagged further cuts as necessary to revive growth, widening the gap with the Fed. *PBoC’s steady rates and sluggish Chinese momentum added pressure, underscoring the Kiwi’s vulnerability. Market Summary: TheContinue Reading
Wall Street Rally Stalls as Nasdaq Slumps Ahead of Jackson Hole

Key Takeaways: *Nasdaq slumped over 300 points as rate-sensitive tech stocks bore the brunt of selling. *Sticky inflation and strong wage growth dampened hopes for a September rate cut. *Investors eye FOMC minutes and Powell’s Jackson Hole speech for policy clues. Market Summary: U.S. equity markets closed lower in the previous session, led by aContinue Reading
Written on August 20, 2025 at 5:53 am
Categories: Daily Market Analysis
Tags: FOMC, Jackson Hole, Nasdaq, wall street
Chart the Market (20/08/2025)

GBPUSD, H4: The GBPUSD has lost steam after its recent rally stalled at the 1.3585 high, with price action now shifting into a lower-high, lower-low formation that signals a bearish tilt. The pair is edging toward the critical 1.3420 support level, where a decisive break lower would mark a clear departure from its previous bullishContinue Reading
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