US Pres. Trump: Fed interest rate way too high

Responding to a Bloomberg article claiming that the flow of tourists into Europe amid accessible price of travel is becoming a problem, U.S. President Trump said it was due to weaker euro.

"This is because the euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed interest rate way too high, added to ridiculous quantitative tightening! They don’t have a clue!" Trump tweeted out.

US: Annual PPI in May drops to 1.8% vs 2% expected

The U.S. Bureau of Labor Statistics on Tuesday reported that the Producer Price Index (PPI) on a yearly basis dropped to 1.8% in May from 2.2% in Apri
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NZD/USD could extend beyond the 0.6700 area - Westpac

According to analysts at Westpac, NZD/USD has risen almost 2c over the past week, and could extend beyond the 0.6700 area during the week ahead. Key Q
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