Negative
25Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 19 days ago
- Bias Distribution
- 100% Left
AUD, NZD React to Jobs, GDP, Mideast Tensions
The Australian and New Zealand dollars remained volatile amid persistent Middle East tensions, particularly between Israel and Iran, with speculation over possible US intervention increasing market uncertainty. Australia's employment unexpectedly declined by 2,500 jobs in May, though the unemployment rate held steady at 4.1%, suggesting some labor market resilience. The Australian dollar stayed subdued, weighed down by these labor figures and mixed Chinese economic data. In contrast, the New Zealand dollar found support from a stronger-than-expected 0.8% GDP growth in Q1, but gains were limited by weak domestic services data and ongoing global risks. The US Federal Reserve kept interest rates unchanged and signaled a cautious outlook, contributing to continued volatility and safe-haven flows to the US dollar and yen. Investors are watching upcoming economic data and central bank guidance for further direction on currency moves.

- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 19 days ago
- Bias Distribution
- 100% Left
Negative
25Serious
Neutral
Optimistic
Positive
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