The New Zealand Dollar (NZD) staged a modest recovery on Thursday, rebounding from a two-year low of 0.5761 against the US Dollar (USD). This rebound was fueled by a combination of factors, including a slight pullback in the US dollar and...
The Reserve Bank of New Zealand (RBNZ) acknowledged the ongoing economic challenges, noting that businesses are under pressure amid a tough operating environment. Geopolitical tensions remain a critical risk factor, with potential ripple effects on...
Consolidating around critical levels as market participants eagerly await fresh economic data and policy updates from the Federal Reserve (Fed) and the Bank of Japan (BoJ). A key driver of the pair’s price action is the stark divergence in monetary...
Technical analysis of the USDJPY pair On the 4-hour chart, the price movement during the previous two weeks started with a downward wave, then a sideways wave, which was considered an indication of a possible change in direction to an upward trend....
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