The Kiwi pair is facing headwinds, struggling to sustain a recovery move and retreating back towards the psychologically significant 0.5600 level against the US Dollar (USD). This weakness stems from a confluence of factors, including a resurgent...
The spot price weakened against the Dollar on Thursday, falling to 0.6215. This decline was primarily driven by a combination of weak domestic data and a relatively strong Dollar. Circumstances surrounding the economy, particularly persistent...
The price is currently grappling with a challenging landscape. Despite some initial gains against the Dollar, the currency remains near its lowest point since early December. This weakness stems from a confluence of factors, primarily the Bank of...
The pair softened during early European trading on Thursday, edging closer to the 0.8880 level. This move comes ahead of the highly anticipated US Federal Reserve (Fed) interest rate decision later in the day, where a significant rate cut is widely...
The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...
