Asia FX ticks down ahead of Jackson Hole; kiwi slides after RBNZ rate cut

Asia FX ticks down ahead of Jackson Hole; kiwi slides after RBNZ rate cut

Source: EODHD - https://www.investing.com/news/forex-news/asia-fx-ticks-down-ahead-of-jackson-hole-kiwi-slides-after-rbnz-rate-cut-4201118
Published: Aug 20, 2025 12:15 AM

Investing.com-- Most Asian currencies edged lower on Wednesday as investors stayed cautious ahead of the Federal Reserve’s Jackson Hole symposium for cues on the U.S. rate path and the timing of a possible September cut. Regional moves were also shaped by a busy data docket, with China holding its key lending rates steady, Japan’s export slump underscoring external headwinds, and New Zealand easing policy as expected. The US Dollar Index, which measures the greenback against a basket of major currencies, edged 0.1% higher in Asia hours after gains in the previous session. RBNZ cuts rates by 25 bps; kiwi dollar hits 4-mth low The Reserve Bank of New Zealand trimmed the official cash rate by 2...

Market context: This update is relevant to AUD traders, with AUDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.