The AUD/USD pair has extended its decline for a third consecutive session, breaking below the psychological 0.6300 level and testing the provisional 55-day Simple Moving Average (SMA). The move comes amid renewed strength in the US Dollar, driven by...
The NZD/USD pair remains under pressure, marking its third consecutive daily decline and trading around 0.5760 during European hours on Thursday. Despite New Zealand’s economy exiting a technical recession, the New Zealand Dollar (NZD) struggles...
The EUR/GBP cross remains in positive territory, trading near 0.8390 during early European hours on Thursday. The Pound Sterling (GBP) is under pressure following the latest UK employment report, while the Euro (EUR) finds support from Germany’s...
The USD/CAD pair surged to the 1.4370 level during European trading hours on Thursday, driven by a stronger US Dollar (USD) following the Federal Reserve’s (Fed) decision to keep interest rates steady and signal a cautious stance on rate cuts. The...
The US Dollar's widespread strength, bolstered by the Federal Reserve’s cautious approach to monetary easing, continues to cap gains for the British Pound, leaving GBP/USD struggling near 1.2960. Meanwhile, the Bank of England’s (BoE) restrained...
