RBNZ's Silk: Interest rates not needing hike yet, but inflation pressures rising soon

Reserve Bank of New Zealand (RBNZ) Assistant Governor Karen Silk said that the central bank is yet to see medium-term inflation pressures emerge, but it’s prepared to respond aggressively if they appear, Bloomberg reported on Friday.
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Euro edges higher above 1.1650 on tentative US-Iran ceasefire progress

The EUR/USD pair posts modest gains near 1.1655 during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after reports that the United States (US) and Iran had ‌reached an agreement to extend a ceasefire.
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