The Australian Dollar (AUD) experienced a significant decline against the US Dollar (USD) in August, particularly after the release of the November Non-Farm Payrolls (NFP) report. This decline was primarily driven by several key factors. The NFP...
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TRADING CHART ON USD/CHF H1. This USD/CHF chart demonstrates a complex interaction of technical factors, reflecting a phase of consolidation amidst a broader bearish trend. The price is currently trading around the key 0.87817 level, which has acted...
The NZD continued its downward trajectory against the US Dollar (USD) on Friday, falling below the crucial 20-day Simple Moving Average (SMA) to 0.5830. This technical level has proven to be a formidable resistance, hindering any bullish recovery...
Australian dollar falls on weak GDP data The Aussie dollar saw a significant drop, mainly due to disappointing GDP data last week. This weaker than expected economic performance has set the stage for a potential move to the 0.6250 level. However,...