New Zealand Business NZ PMI rose from previous 49.9 to 59.7 in June

Jul 9, 2026

Euro steadies as Middle East strikes offsets Fed repricing

The Euro holds firm against the US Dollar on Wednesday as hostilities in the Middle East continued, with the US attacking Iran for the second straight day at around the Strait of Hormuz. At the time of writing, the EUR/USD trades at 1.1420, after bouncing off daily lows of 1.1391.

Chinese Yuan: Downside bias as momentum improves against US Dollar – UOB

United Overseas Bank’s (UOB) Senior Technical Strategist Quek Ser Leang notes that USD/CNH has broken higher, with momentum improving after Monday’s move to 6.8051 and a close at 6.8038.