AUD/USD returns to the red at around 0.6200 early Friday. The Aussie fails to sustain stronger-than-expected China's growth and activity data-led upswing as the RBA's dovish shift and looming Trump's tariff plans remain a drag.AUD/USD remains...
The NZD/USD exchange rate demonstrates a persistent bearish outlook, with expectations of a decline ranging from 29 to 43 pips. The critical pivot point at 0.5608 acts as a key resistance level, marking the boundary between a continuation of the...
The NZD/JPY currency pair is exhibiting bullish tendencies, supported by a technical setup that suggests a potential upward movement of 56 to 82 pips. The pivot point at 86.86 serves as a critical level, underpinning the overall upward trajectory....
The technical analysis of NZD/JPY highlights a constructive outlook, with the pair poised for a potential rise as long as the pivotal support at 86.86 holds firm. The projected upward movement to 88.04 aligns with the underlying bullish sentiment,...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...