The NZD/USD currency pair continued its downward trend on Thursday, reaching new lows. This decline is primarily driven by a combination of factors, including a weaker New Zealand Dollar and a stronger US Dollar. The New Zealand Dollar has weakened...
Gold Price Activity Review Yesterday, gold prices surged, followed by a decline, closing lower. Asia and Europe initially led the rise in stock prices, but the US market open sparked a rally towards the 2605 level. However, the up move was...
The Japanese Yen (JPY) gained strength across the board following remarks from Atsushi Mimura, Japan's Vice Finance Minister for International Affairs, sparking speculation about a potential currency intervention. In addition to Mimura's comments,...
AUD/USD Fundamental Analysis: The AUD/USD pair seems heavily influenced by global risk sentiment and economic data today. Key drivers include: U.S. Data: Later, we’re expecting U.S. initial jobless claims and manufacturing PMI. If the data comes...
Currency markets continue to consolidate after recent volatility, but no one wants to unload their long dollar positions. Likewise, the threat of an escalation in Ukraine and tomorrow's soft European PMI numbers keep the Euro (EUR/USD) subdued. We...
