The NZD/USD pair has recently experienced a notable upward movement, climbing from the 0.5630 region to a peak near 0.5720 before entering a consolidation phase. This bullish momentum was driven by strong buying pressure, evident from the series of...
Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
Market Fundamentals: Japan’s third-quarter GDP was revised upward to 0.3% growth from the previously estimated 0.2%, while the annual expansion stood at 1.2%, exceeding the prior forecast of 0.9%. Despite this improvement, the economy experienced a...
Market Fundamentals: Investors are closely monitoring upcoming US inflation data and Australian employment figures, both of which are expected to influence the Australian Dollar’s trajectory in the coming days. The market remains under selling...
The NZD/CAD currency pair is currently positioned within a technical framework that suggests potential movements in both upward and downward directions, depending on market behavior in relation to key levels. The pivot point at 0.8095 serves as a...
