The strengthening of the Australian dollar against the U.S. dollar, reaching a 4-day high of 0.9203, could have implications for the XAU/USD pair. As gold is often traded in U.S. dollars, fluctuations in the USD can influence gold prices. For those...
EUR/USD slip below 1.1050 as US Dollar rises with US NFP in focus: EUR/USD back after failing to extend recovery above the immediate resistance of 1.1080 in Tuesday's North American session. The major currency pair drops as the US Dollar (USD)...
During Tuesday’s New York session, the pair stayed within a narrow range, maintaining its position just above the key support level of 1.1040. The pair is currently navigating a period of indecision as investors look for fresh economic indicators at...
EUR/JPY is staying in range below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside,...
US Crude Oil Fundamental Analysis: The recent crude oil market movements have been significantly impacted by fluctuations in the US Dollar, which plays a crucial role in global trading. As the value of the US Dollar strengthens or weakens, it...