On Wednesday, the NZD/USD pair gained 0.30%, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This marginal increase could be a crucial turning point for the currency pair, suggesting that the market may be shifting from...
USD/JPY falls sharply as U.S. consumer inflation data shows slowing core inflation. Bank of Japan Governor's hawkish comments lift Yen; U.S. 10-year yields drop 12bps. Upcoming Fed speeches and U.S. economic data key for further market direction.The...
The NZD/USD pair rose by 0.30% on Wednesday, reaching 0.5615 after breaking above its 20-day Simple Moving Average (SMA). This modest increase could act as a catalyst for further gains if the pair manages to hold its position above the 20-day SMA....
GBP/USD now suffers the bounce in the Greenback and gives away its earlier advance to the 1.2300 neighbourhood, refocusing on a potential new visit to 1.2200 and possibly below.From a technical perspective, the GBP/USD pair now seems to have found...
The GBP/JPY currency pair appears to be in a consolidating phase, with the price fluctuating around the pivot point at 190.64. This level serves as a critical point for determining the direction of the market, and it’s likely that the price will...
