Last night, better-than-expected U. S. Flash Services PMI and New Home Sales statistics led to a decline in the AUDUSD market, breaking through the 0. 6375 level. The robust economic indicators boosted the U. S. dollar, which put pressure on the...
EUR/USD At the moment, I’m seeing EUR/USD holding a slightly bearish tone, sitting around the 1.0670 level. The US dollar is still showing strength, mostly supported by persistent inflation and growing expectations that the Fed won’t be cutting...
The New Zealand Dollar (NZD) experienced a modest upward movement against the US Dollar (USD) during Thursday's European trading session, recovering slightly after two consecutive days of losses and trading near the 0.5980 level. The New Zealand...
The daily chart for USD/CHF pair a rather bearish picture overall. We can clearly observe a significant downward trend, characterised by lower highs and lower lows over a sustained period. The price action has recently experienced a sharp decline,...
The Australian dollar is currently trending down against the US dollar. The AUD/USD pair is retreating after reaching a four-month high of 0.6440 earlier this week. This recent advance represents a continuation of the uptrend that began with the...