The Australian dollar (AUD) experienced a brief reprieve against the US dollar (USD) on Thursday, following the release of China's Caixin Manufacturing Purchasing Managers' Index (PMI). Given Australia's close economic ties with China, any...
The USD/CAD pair experienced a brief pause in its recent rally during the Asian session on Thursday, trading around the 1.4370 level. This minor retracement can be attributed to a temporary weakening of the US dollar. The US Dollar Index (DXY),...
The EUR/USD pair is currently trading below the daily pivot level of 1.0375 at the start of the European session. The U.S. dollar remains strong, holding at two-year highs, and the market's expectations for a Fed rate cut have weakened, providing...
The NZD/USD currency pair extended its gains for a second consecutive trading day, trading around 0.5610 during early European trading on Thursday. This upward movement was primarily driven by a strengthening New Zealand dollar (NZD), fueled by...
The AUD/USD pair slipped to 0.6180 during Thursday's trading session, reflecting a tug-of-war between a softening US Dollar and a weakening Australian Dollar. The dip follows remarks from a prominent "Fed whisperer" indicating an increased...
