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Forex
NZD/USD Price Analysis: Bulls maintain momentum, eyes on bullish crossover
The daily indicators remain in positive territory but somewhat flattened .
The hourly charts reveal a temporary dip in the RSI and a MACD flattening,…
Gold gains today, still ends week down over 3%
Gold climbs 0.23% on Friday but is set for weekly drop above 3%.
US Durable Goods Orders exceed expectations, though March's revised down data softened the…
Forecasting the Coming Week: Fedspeak and PCE remain in the spotlight
The improved sentiment in the Greenback came in line with hawkish FOMC Minutes and another set of positive results from US fundamentals, all reinforcing the…
Pound Sterling Price News and Forecast: GBP/USD subdued despite climbing above 1.2700
GBP/USD Price Analysis: Subdued despite climbing above 1.2700
The British Pound erases some of its previous losses against the US Dollar and rises some 0.29%,…
Tesla Stock Forecast: TSLA shares gain despite setback on Model Y production in China
Tesla stock gains on Friday despite Model Y news.
Reuters reports that Model Y production is down 20% since March.
Elon Musk comes out in opposition to…
ECB’s Nagel: After a June cut, ECB will probably have to wait until September for next move
European Central Bank (ECB) Governing Council Member Dr. Joachim Nagel noted on Friday that a wait-and-see period before a follow-up rate trim would likely…
US Dollar trades soft ad the end of the week, markets gear of for PCE data
DXY Index is trading at 104.7, showcasing 0.35% losses but will close the week with mild gains.
Durable Good orders from the US came in higher than expected…
Canadian Dollar recovers ground on Friday despite slumping Retail Sales
Canadian Dollar recovers lost ground but remains down for the week.
Canada Retail Sales decline further, limiting CAD recovery.
Broad market risk appetite…
Mexican Peso snaps losing streak to rise on soft US data
Mexican Peso recovers slightly, breaking three-day losing streak.
Mexico's wider April trade deficit and slower economic growth are reported by INEGI.…
Mexican Peso recovers after turnaround in risk appetite
The Mexican Peso reverses earlier loses after risk appetite improves.
The Peso fell against the US Dollar after strong US economic data strengthened the…