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...
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The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...
USD / CAD: Trading Recommendation The bulls of USDCAD are still in action, showing a steady effort to maintain control over the market. Yet, momentum remains sluggish as consistent holidays impact trading activity. Reduced market participation has...
The spot price weakened against the Dollar on Thursday, falling to 0.6215. This decline was primarily driven by a combination of weak domestic data and a relatively strong Dollar. Circumstances surrounding the economy, particularly persistent...