Fundamental Analysis Tuesday's gold price (XAU/USD) moves higher despite the declining value of the US dollar. The US Purchasing Managers Index (PMI) was higher than anticipated last week, which caused Federal Reserve (Fed) policymakers to postpone...
The GBP/JPY currency pair continued its upward trend today, with buyers remaining in control. After a brief pullback that tested the upper limit of the recent trading range on the daily chart, buyers surged back into the market and pushed prices...
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
The NZD/USD (New Zealand Dollar/US Dollar) currency pair is currently trading at 0.6106, and the prevailing trend appears bearish. This situation signifies that the New Zealand dollar is weakening against the US dollar. A bearish trend typically...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...