The New Zealand dollar (NZD) weakened against the US dollar for the second consecutive day, trading near the 0.5650 level during early European trading on Wednesday. This decline was primarily attributed to the release of New Zealand's latest...
The hourly chart for the USD/JPY currency pair illustrates a clear depiction of market activity over a defined period. The price action demonstrates fluctuating movements characterized by alternating bullish and bearish trends, reflecting a market...
USD/CAD Price Forecast On the hot tariff topic, the focus has remained on Canada and Mexico after Monday’s threat to impose 25% tariffs. After another round of dollar weakness in yesterday’s US session, CAD and MXN are now trading around 1% stronger...
EUR/CAD Price Forecast On domestic eurozone news, a number of European Central Bank members are speaking in Davos, including President Christine Lagarde, Francois Villeroy, Klaas Knot and Olli Rehn. Yesterday, Bundesbank governor Joachim Nagel...
The dovish tone from Japanese authorities continues to weigh on the Japanese Yen (JPY), while the Euro (EUR) finds mixed support from economic developments. Bank of Japan (BoJ) board member Toyoaki Nakamura recently emphasized the need for caution...