The New Zealand Dollar (NZD) is facing ongoing headwinds, driven by weak domestic economic conditions and the Reserve Bank of New Zealand’s (RBNZ) easing measures. These cuts reflect the central bank’s efforts to stimulate growth, but their...
NZD/USD had a miserable Wednesday, falling 2.3%. The pair reversed course on Thursday and is trading at 0.5659 in the European session, up 0.66% on the day at the time of writing. The New Zealand dollar is down sharply, down 10.8% since October 1st....
The spot prices remain in a defensive posture during the early European session on Thursday, staying below the key $2,600 mark but still within striking distance of its all-time high. As the market absorbs growing expectations that the Federal...
Ongoing geopolitical tensions in the Middle East, particularly between Lebanon's Hezbollah and Israel, continue to play a critical role in shaping currency market dynamics. The potential for escalated conflict raises the risk of oil supply...
The spot prices are experiencing a rally as the EU trading session kicks off, though concerns are building ahead of key events, particularly with OPEC+ and its delayed policy decisions. While prices are rising, a weekly loss for oil appears...
