Following the US Court of International Trade (USCIT) decision to suspend President Donald Trump's far-reaching tariffs, White House Trade Advisor Peter Navarro hit newswires reaffirming market expectations that even if the USCIT decision were to stand, the Trump administration intends to seek other
Pound Sterling (GBP) is also entering Thursday’s NA session flat vs. the USD, trading in tandem with its G10 peers and responding headline risk related to trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
As widely expected, the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) for a sixth straight meeting by 25bps to 3.25%.