The U.S. dollar remained stable, easing pressure on the yen and other major currencies, as investors considered the Fed’s interest rate path. The New Zealand dollar dropped after the RBNZ cut rates by 50 basis points. Upcoming U.S. inflation data will be crucial for the dollar’s trajectory.
Market may inch upward gradually after digesting weak Q1 results, global noise: Neeraj Dewan
Market expert Neeraj Dewan shares insights on current market dynamics. He notes mixed earnings, especially in IT and banking sectors. Delay in US tariff settlement