Belgium Gross Domestic Product (QoQ) in line with forecasts (0.4%) in 1Q

May 28, 2025

DXY: FOMC minutes, core PCE this week – OCBC

US Dollar (USD) rebounded from lower grounds, owing to upside surprise from US consumer confidence and progress with EU-US trade talks. DXY was last at 99.56 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

NZD: Hawkish RBNZ cut lifts Kiwi dollar prospects – ING

The Reserve Bank of New Zealand cut rates by 25bp to 3.25% as widely expected this morning, although the overall message was more hawkish than expected, ING's FX analyst Francesco Pesole notes.