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Forex
NZD/USD Price Analysis: Pair fell to lowest level since November, bears command
NZD/USD dipped by 0.54% on Friday, plunging to 0.5830.
NZD/USD fell to the lowest level since early November as bears maintained control.
While oversold…
Silver Price Forecast: XAG/USD surges above $31.00 as US yields fall
Silver rebounds to reclaim the $31.00 mark, buoyed by a drop in US Treasury yields and ongoing market dynamics.
Technical landscape shows resistance at the…
Canadian Dollar lags on mixed Friday data prints
The Canadian Dollar treaded water to wrap up the trading week.
Canada saw a slight decline in home prices, Retail Sales meet expectations.
Broad-market…
NZD/JPY Price Analysis: Pair tumbles and eyes break of 90.00-92.00 range
NZD/JPY fell 0.27% on Friday, trading near the 90.30 level.
Pair tallied a 3-day losing streak and seems to be scaping the 90.00-92.00 range to the…
Australian Dollar softens as markets digest both Judo and S&P PMIs
Aussie dropped 0.27% to 0.6495 in Friday's trading.
Mixed Judo Bank PMI data impacted the AUD, with strong manufacturing but weak service sector activity.…
Gold closes week above $2,700, US PCE data in Focus
Gold prices rally 1.50% on Friday, boosted by a decrease in US 10-year Treasury yields to 4.40%.
Escalating geopolitical concerns, including potential…
Mexican Peso shrugs off GDP and inflation data
The Mexican Peso shrugs off key economic data for Mexico and continues trading mixed due to idyosyncratic factors.
The MXN faces headwinds from slowing…
USD/CAD turns upside down on steady Canadian Retail Sales growth, US Dollar retraces
USD/CAD ticks down after the Canadian Retail Sales data came in line with expectations and the prior release.
Steady Canadian Retail Sales growth would…
USD/JPY edges lower after stronger-than-expected Japanese inflation, stimulus package
USD/JPY falls as the Yen gains on expectations the BoJ will raise interest rates in December.
Bets are falling meanwhile for the Federal Reserve to cut…
NZD/USD Price Analysis: More downside looks likely towards 0.5770
NZD/USD recovers mildly after refreshing the yearly low near 0.5820, however, the outlook remains bearish.
The Fed is expected to take an “extended pause”…