The New Zealand Dollar (NZD) is facing strong selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to hold above its key 20-day simple moving average (SMA). This critical support level has been rejected four times this week...
The GBP/USD currency pair, which represents the exchange rate between the British pound and the US dollar, is currently trading around 1.2708. This pair is one of the most closely watched in the forex market due to the significant economic and...
The EUR/USD currency pair is one of the most closely watched exchange rates in the foreign exchange (forex) market. This pair represents the value of the euro relative to the US dollar. As of now, the pair is trading around 1.0692, which reflects a...
Gold market analysis: Fed officials' hawkish voice + rising housing prices have depressed gold to a one-week low On Tuesday (June 25), gold prices fell 0.63%, hitting a one-week low of 2315.58 during the session and closing at $2319.36 per ounce....
The economic landscape significantly impacts foreign exchange (forex) trading, influencing currency values through various macroeconomic factors. Among the most pivotal are interest rates, inflation, and economic growth indicators, which...