The Euro took a tumble against the US Dollar on Friday after a double whammy of positive US economic data and cautious comments from the European Central Bank (ECB). Firstly, US nonfarm payrolls for May smashed expectations, surging to a net 272,000...
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NZD/USD Analysis Greetings and Good Morning to all! Yesterday, the US news events related to the Non-Farm Employment and Unemployment rates significantly impacted the NZD/USD market, pushing it down to the support zone of 0.6133. This shift...
If this downward trendline is broken, we will likely see significant growth, with the price potentially rising above 1.2870 or even surpassing this year’s maximum. In the event of such a breakout, the dynamics of the market would shift dramatically,...
Gold Prices Reach Multi-Week Low After Strong US Labor Market Data: Gold prices have fallen to a multi-week low after US labor market data exceeded expectations. This robust data has significantly impacted the market, affecting various economic...