Buoyed by positive economic data and a weakening US dollar, the New Zealand dollar (NZD) is flexing its muscles against its American counterpart (USD). Early on Thursday during Asian trading hours, NZD/USD climbed to around 0.6145, fueled by New...
The USDCHF jumped nearly 0.7% on Wednesday as the SNB cut the currency by another 25 points, reducing the interest rate to 1.25% from 1.5%. The central bank justified its decision by the fact that inflation continued to fall and economic growth...
EUR-JPY PAIR ANALYSIS Observing the price movement of the EURJPY pair, it seems that it is testing resistance (R1) 169.82 so that it can continue the upward rally towards high prices of 170.84. However, there is the potential for the price to...
BITCOIN DISCUSSION Bitcoin Discussion: Understanding the King of Cryptocurrencies Introduction: Bitcoin, the first decentralized cryptocurrency, has been the topic of discussion since its inception in 2009. Created by Satoshi Nakamoto, Bitcoin's...
EUR/USD is under pressure trading below 1.0750 Thursday morning in Europe. The two are up against sluggish sales, as the US Dollar gains genuine confidence amid firmer US Depository security yields. Following are the Fed speak, US data, and ECB...