NZD/USD Price Analysis: Pair logs three consecutive losses, RSI oversold
The NZD/USD pair declined by 0.65% during Thursday's session and fell below the 0.5900 mark, extending declines for the sixth ...
NZD/JPY Price Analysis: Pair stuck in range, moves sideways
The NZD/JPY pair declined mildly to 91.40 on Thursday's session and continued trading within the range of 92.00-91.00.
Gold falls as Powell signals Fed's patience on lowering rates
The market mood shifted negatively yet failed to boost Gold’s prices and underpin the US Dollar. The US Bureau of Labor ...
Australian Dollar continues soft as markets digest employment data
The AUD/USD declined by 0.34% to 0.6470 in Thursday's session, extending its decline to a fresh three-month low of 0.6460.
Fed's Powell: We have space to cut rates if needed
Federal Reserve Chair Jerome Powell said on Thursday at an event in Dallas that with the economy growing steadily, a strong job market, and inflation still above the 2% target, there’s no need for the ...
Dow Jones Industrial Average cools its heels as election rally runs out of gas
The Dow Jones is still trending deep into bull country regardless of any near-term drags; the index is on pace to close in the green for all but two months of 2024. The DJIA is also trading well above ...
Forex Today: Attention is back to the real economy
The US Dollar Index (DXY) printed a new 2024 peak north of 107.00 despite declining US yields across the curve. Retail Sales will be at the centre of the debate across the pond, seconded by the NY ...
Food prices add to headline inflation
The loss of momentum in the US Dollar and the retracement in US yields across the curve allow Gold prices to pick up some ...
Banxico lower rates by 25 basis points, signals further easing
The Bank of Mexico cut rates by 25 basis points for the fourth time since March 21, diminishing Mexico’s primary reference ...
Sentiment in Germany declines after US elections
October’s inflation rate in Serbia increased to 4.5% y/y. In Romania industrial production landed at -3.6% y/y. Later today, ...
US Dollar retreats from yearly highs after economic data
The US Dollar Index (DXY), a measure of the value of the USD against a basket of six currencies, softened after hitting a fresh year-to-date high near 107.00. The Greenback has been on a rise in ...
Bitcoin outlook: Congestion at 90K zone - initial signs of fatigue or consolidation for further gains?
Authorities report that the remains of Kevin Mirshahi, a prominent crypto influencer who was abducted in June, have been found in a Montreal park. Local police informed “The Gazette” that a passerby ...