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NZD/USD up about 1% intraday at 0.5755.

2026-07-09

NZD/USD up about 1% intraday at 0.5755.

Other News
2026-07-09

June Fed minutes show officials considered KEVIN WARSH’s proposal to end forward guidance and trim references to future rate moves. A majority backed shortening the policy statement and supported deleting language that suggested the next move would l

June Fed minutes show officials considered KEVIN WARSH’s proposal to end forward guidance and trim references to future rate moves. A majority backed shortening the policy statement and supported deleting language that suggested the next move would likely be a cut. The June alternative approved by the Fed removed rate entirely guidance, consistent with Warsh’s aim to avoid committing on future rates. At the June meeting the Fed held the policy rate at 3.50%-3.75%; the dot plot showed nine of 18 officials expect rates to be slightly higher by end-2026, and markets widely saw the possibility of hikes this year.
2026-07-09

U.S. 4-week Treasury auction to July 9: percent awarded at the stop-out yield 26.29% (previous 46.77%).

U.S. 4-week Treasury auction to July 9: percent awarded at the stop-out yield 26.29% (previous 46.77%).
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