As tensions rise in regions like the concerns about instability in major economies grow, investors often flock to the precious metal, viewing it as a reliable store of value. This flight to safety typically supports gold prices, even amid challenges...
The New Zealand Dollar (NZD) is facing a challenging environment, driven by a combination of external and domestic factors. Global tensions, particularly the escalating trade conflict between the US and China, are adding pressure to the Kiwi. US...
The price has recently struggled to maintain momentum against the Dollar, dropping to approximately 1.2560 during Thursday’s early session. This decline comes after the price failed to reach the key resistance level of 1.2727 the previous day. The...
The currency pair is hovering near a fresh multi-year high of 1.4450 in Thursday's early session, as the Canadian Dollar (CAD) remains under pressure despite some positive developments for the Loonie. While China’s massive stimulus announcement has...
Although the US Producer Price Index (PPI) came in weaker than expected, the core PPI data showed a slight year-over-year increase, highlighting that inflationary pressures in the US are still persistent. This has helped maintain strong demand for...