More broadly, developments in the Middle East are likely to remain a dominant driver for currency markets. Escalating tensions could dampen global risk appetite and weigh on the risk-sensitive New ...

The Australian dollar, Norwegian krone and New Zealand dollar have surged ahead of other major currencies this year, as foreign exchange markets point to a change in the direction of global interest ...

New Zealand’s dollar is on the verge of becoming the first major developed-market currency to wipe out its gains against the greenback this year as aggressive central bank interest-rate cuts weigh on ...