The Spot price has edged lower against the US Dollar (USD) following the release of key economic data on Friday. The risk-sensitive pair is also feeling the downward pressure from rising geopolitical tensions, particularly in the Middle East....
During Friday's US trading session, the spot price rose to around 153.80, supported by the continued strength of the Dollar. However, the pair closed the day at 153.63, as traders focused on upcoming economic data expected to show improvement in...
General Points about NZDUSD: This week has been quite challenging for NZDUSD buyers as they have consistently lost value, with the pair facing significant downward pressure. The market experienced a sharp decline, reaching the 0.5783 level...
General points about USDJPY: Although there have been no notable JPY-related news events this week, as they were not included in the calendar, the overall trend for USDJPY has been in favor of buyers. The market has shown a clear upward trajectory,...
Gold retreats in a sharp two-day correction On Friday, gold extended its two-day bearish correction after testing resistance at Thursday's previous swing high of $2,721 (B). The sell-off was significant, with prices hovering near daily lows around...
