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NZD/USD bounces up to fresh highs at 0.5780 amid US Dollar’s weakness
The New Zealand Dollar maintains its bullish trend against its US counterpart intact. Downside attempts have been contained above 0.5760, and the pair resumed its uptrend from…
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WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $59.36 per barrel, down from Thursday’s close at $59.48.Brent Oil Exchange…
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US Dollar loses recovery momentum before next batch of data
Here is what you need to know on Friday, December 5:After staying resilient against its rivals on Thursday, the US Dollar (USD) struggles to attract buyers early Friday. In the…
US Dollar Index (DXY) hovers near multi-week low ahead of US PCE data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on the overnight bounce from its lowest level since late October and…
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Japanese Yen steadies as BoJ rate hike bets counter weak spending data
The Japanese Yen (JPY) extends its sideways consolidative price move through the Asian session on Friday, though the broader fundamental backdrop seems tilted in favor of bullish…
USD/CAD trades flat near 1.3950 ahead of Canada’s employment data
The USD/CAD pair trades in a tight range around 1.3950 during the Asian trading session on Friday. The Loonie pair wobbles inside Thursday’s trading range as investors await the…