•••NZD/USD: Today’s Trade Highlights(December19,2024)••• ••Introduction The NZD/USD pair is keeping traders on their toes today, hovering around Buy 0.5626 and Sell 0.5624. This currency pair, often referred to as the "Kiwi Dollar," is experiencing...
USD/CAD Market Outlook Greetings and Good Morning guys! The Canadian CPI Rate was negative. So, the market price of USD/CAD bounced up and crossed the 1.4325 zone. It is not a better scenario for the sellers. Also, it is worth noting the broader...
EUR/USD Today, I have been closely watching the EUR/USD pair, and here’s my breakdown: Current Price Action: The pair is trading around 1.0840, consolidating near the 1.0850 resistance level. Technical Indicators: On the 4-hour chart, EUR/USD...
West Texas Intermediate (WTI) crude oil prices hovered around $69.50 on Thursday. A recent decline in US crude oil inventories and the Federal Reserve's decision to cut interest rates by 25 basis points provided some temporary support to the...
USD-JPY PAIR FORECAST The Fed's 25 bps interest rate cut at the FOMC meeting has been anticipated by market players and investors. The statement by Fed Chairman J. Powell was also seen as hawkish so that the outlook for the US Dollar currency...
