Good Evening Traders! Welcome to Today’s Live Trading Discussion Yesterday, the USD index closed with a strong bullish trend, climbing from 106.20 to 106.80. However, the index now appears unstable as it attempts to test the 106.50 level. Despite...
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...
General Points about USDCHF: Today, the Swiss National Bank (SNB) Monetary Policy Assessment, SNB Policy Rate, and Press Conference are important events that could significantly influence the market. These developments will likely provide insights...
The persistent issue of oversupply remains a key obstacle to sustained increases in oil prices. While occasional bullish catalysts, such as geopolitical tensions, provide temporary support, concerns over excess production continue to weigh heavily...
The market's reaction to key economic data, including the Michigan Consumer Sentiment Index and housing market figures, will be crucial in determining gold’s near-term trajectory. Stronger-than-expected data could lend support to the USD,...
