The currency pair is currently trading within a defined range, struggling to gain significant upward traction. While there have been some signs of stabilization after a recent dip, the pair continues to encounter strong resistance levels. This...
The future direction of the price will be heavily influenced by upcoming economic data. The recent pause in the Dollar's rally underscores the importance of key indicators such as inflation, employment, and GDP growth. Strong data could reignite...
The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
The potential for further interest rate cuts from the Reserve Bank of New Zealand (RBNZ) is weighing heavily on the Kiwi, while geopolitical tensions, particularly the ongoing US-China trade dispute, are creating a climate of uncertainty that is...
The Kiwi pair is facing headwinds, struggling to sustain a recovery move and retreating back towards the psychologically significant 0.5600 level against the US Dollar (USD). This weakness stems from a confluence of factors, including a resurgent...
