NZD strengthens above 0.5900 as USD weakens post-Moody’s downgrade; NZ services shrink, inflation pressures rise.
Gold rises over 1% amid US credit downgrade, Middle East tensions, and shifting interest rate expectations.
GBP/USD climbs amid US Dollar weakness, rating downgrade, and EU/UK defense deal, nearing resistance levels.
Moody’s downgrade pressures USD and boosts yields; risk aversion grows, impacting USD/JPY amid BoJ signals.
Fed holds rates steady; inflation eases, markets expect 2025 cuts; USD pressured after credit downgrade.
AUD/USD climbs near 0.6450 as US Dollar weakens after Moody’s credit downgrade and rising debt concerns.
USD/CNH trades sideways within 7.1990–7.2190; break above 7.2330 may reduce downside potential.
USD/JPY stays in consolidation; may dip below 144.90 but holds above key 144.50 support level.
China’s April data reveals slowing industrial output, weak domestic demand, and cautious optimism amid trade tensions.
AUD/USD likely to range between 0.6390–0.6440; key resistance at 0.6515; USD weakness influences markets.
VT 
