Postponing of data by RBNZ pressurizes NZD

New Zealand's central bank said on Friday that it is going to postpone publication of most of its statistical data releases for a number of weeks while it is investigating a cyber attack that has led to a serious breach of its data systems. The breach was declared earlier this month and the Reserve Bank [...]

Employment report favors Aussie

December month employment statistics from the Australian Bureau of Statistics released 00:30 GMT on Thursday, it is the catalyst for the AUD/JPY pair traders. Australia boasted another solid rise in employment in December as strength in consumer spending and housing helped drive the jobless rate down to 6.6%, recovering most of the job losses suffered [...]

Japan’s move favors yen

Japan's top government spokesman said on Wednesday that the timeline for vaccinating the broader population against the coronavirus would be decided and disclosed to the public after the approval of a vaccine. Chief Cabinet Secretary Katsunobu Kato made the comment at a news conference in response to a question about media reports that the government [...]

Brexit Optimism favors pound

Pound moves higher on Tuesday as a recovery continues. Worries that are related to the UK’s ability to convince the European Union (EU) over losses in fisheries and vaccinations hopes join the US dollar weakness to boost up the pound. Global markets are in uptrend in the middle of calls that upcoming US official Yellen [...]