Euro tests 1.05 as sticky inflation fuels uncertainty The euro fell slightly during early trading on Wednesday, testing the critical 1.05 level following the release of US CPI data. The consumer price index showed a month-on-month increase of 0.3%,...
The spot price remained largely unchanged during the early Asian session on Wednesday, hovering around $2,719. The precious metal experienced a back-and-forth movement, as it oscillated between slight gains and losses amid a consolidating US Dollar...
NZD/USD Weekly Analysis: Bullish Momentum Amid Strong Economic Data Good morning, traders! The NZD/USD market experienced a bullish scenario last week, largely influenced by favorable economic developments in New Zealand and the United States. The...
The currency pair is retracing its recent gains, trading around 0.8850 during the European session on Wednesday. After a strong performance in previous sessions, the US Dollar (USD) faces downward pressure due to subdued Treasury yields, following a...
CAD / JPY: An Hourly Time Frame Recommendation On Friday, the price of CADJPY dropped sharply, reaching the 105.88 level. The decline was attributed to negative data from the Canadian economic department, which fueled bearish sentiment in the...
