FxWirePro- Woodies Pivot(Majors) 
Fed Unveils Stablecoin Rules Under GENIUS Act 
JPY Major Currency Score: USDJPY, AUDJPY, EURJPY, CADJPY & CHFJPY "Extremely Bearish", NZDJPY & GBPJPY "Bearish 
FxWirePro: GBP/AUD bears maintain upper hand 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
FxWirePro: NZD/USD gains modestly, but bearish bias remains intact 
FxWirePro- Woodies Pivot 
FxWirePro: USD/ZAR dips as rand firms on stronger economic data 
RBA Set for September Rate Hike as Inflation Stays High 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
FxWirePro: EUR/NZD eases slightly but outlook is bullish 
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NZD lost its shine after a surprise dovish rate cut. It declined sharply to 0.60040 and is currently trading around 0.60054.
The Reserve Bank of New Zealand (RBNZ) cut rates by 25 bps to 5.25% from 5.50% today. The central bank’s new economic projection indicates a possibility of another rate cut this year and 100 bpbs in 2025.
Annual CPI inflation is projected at 2.4% by Sep 2025 vs 2.2% previous.
The near-term support is around 0.59970, any break below will drag the pair to 0.5970/0.5940.
On the higher side, immediate resistance is 0.60230 any breach above targets 0.6350/0.60440.
It is good to sell on rallies around 0.60250 with SL around 0.6050 for a TP of 0.5945.
