The New Zealand Dollar (NZD) weakened against the US Dollar (USD) on Friday, extending its recent downward trend. This decline is due to a combination of factors, including a strengthening USD and disappointing economic data from New Zealand. A key...
USD/CAD CURRENCY PAIR ANALYSIS The UsdCad market is still bullish because the price position shows an upward direction above the 100 simple moving average zone. This shows that the average price in the last 100 time periods has increased,...
Can the yen turn around? How will the Bank of Japan's next move affect global currency markets? Amid the volatility of the global economy, the yen, as one of the safe-haven currencies, has been closely watched by investors. This article will explore...
The Australian dollar (AUD) faced headwinds on Friday as the US dollar stayed buoyant due to rising US Treasury yields. However, the AUD/USD pair managed to claw back some earlier losses after a Reuters poll hinted at a possible pause in interest...
The medium-term outlook for the CAD/JPY (Canadian Dollar/Japanese Yen) trading pair is showing a clear upward trend. Recent market behavior indicates that quotes are nearing both the local high observed on August 31 and the first target level set by...