The recent weakness in the Kiwi is driven by a stronger US Dollar, bolstered by a hotter-than-expected US Producer Price Index (PPI) report. With the Federal Reserve’s (Fed) upcoming interest rate decision in focus, traders remain cautious as...
Adding to the bearish sentiment, crude oil has found immediate support at $70.00, a critical level that currently provides some relief and potential for a rebound. Despite temporary support, the overall trend is still negative, as shown by various...
Looking at what happened this week, it can be said that GOLD is at least trying to make another downward movement and even if we look at last Thursday, GOLD was quite impressively able to make another decline and was able to touch the EMA50 area...
The Canadian dollar shows a limited movement for the third day in a row. At the European meeting, USD/CAD is traded at 1.4328, which is 0.14% per day. The week will be wrapped with a January employment report from Canada and the Nonfarm payout...
Australia's Westpac Consumer Confidence index declined by 2% to 92.8, reversing two months of gains and raising concerns about the country’s economic outlook. Despite a 5.3% increase in November, the drop signals wavering consumer sentiment as...
