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Forex
NZD/USD Price Forecast: Surges above 0.5650
NZD/USD jumps above 0.5650 after China vowed to boost private consumption.
Investors await China’s official business activity data for December.
The RBNZ…
Major market cycles aligning with key price targets
As we enter January, we have a series of very unusual long term cycles come together. Every few years we see long term cycles - monthly cycles align across a…
USD/CAD holds losses near 1.4400 due to improved crude Oil prices
USD/CAD edges lower amid thin trading volumes ahead of the New Year holiday.
The US Dollar may appreciate due to the rising hawkish outlook for the Fed’s…
AUD/USD remains stronger around 0.6200 after breaking its losing streak
AUD/USD appreciates due to thin trading volumes ahead of the New Year holiday.
The US Dollar remains subdued as the 10-year bond yield depreciates to 4.59%.…
Japanese Yen remains tepid due to pre-New Year light trading
The Japanese Yen gains ground as traders expect the BoJ to deliver an interest rate hike in January.
Japan’s Jibun Bank Manufacturing PMI reached 49.6 in…
USD/CHF holds below 0.9050 amid year-end holiday season
USD/CHF trades with a mild negative bias near 0.9020 in Monday’s early European session.
Fed officials signaled the likelihood of fewer interest rate cuts…
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Malaysia on Monday, according to data compiled by FXStreet.
The price for Gold stood at 377.02 Malaysian Ringgits (MYR) per…
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
The price for Gold stood at 7,213.58 Indian Rupees (INR) per gram, up compared…
EUR/USD holds gains above 1.0400 as rising odds of the ECB delaying further rate cuts
EUR/USD appreciates as traders expect the ECB to delay its further rate cuts due to a recent uptick in inflation.
ECB’s Holzmann said that Trump’s tariffs…
Gold price receives support from safe-haven demand ahead of Trump administration
Gold price advances due to increased risk aversion ahead of the incoming Trump administration.
The precious metal may struggle due to the outlook for fewer…